New York University bought a new position in shares of iShares MSCI EAFE ETF (NYSEARCA:EFA – Free Report) in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 1,500,064 shares of the exchange traded fund’s stock, valued at approximately $155,842,000. iShares MSCI EAFE ETF makes up about 49.7% of New York University’s holdings, making the stock its 2nd largest holding.
Several other hedge funds have also recently added to or reduced their stakes in EFA. Bank of America Corp DE increased its holdings in shares of iShares MSCI EAFE ETF by 1.5% in the second quarter. Bank of America Corp DE now owns 40,238,465 shares of the exchange traded fund’s stock valued at $4,179,972,000 after buying an additional 604,529 shares in the last quarter. Envestnet Asset Management Inc. boosted its stake in shares of iShares MSCI EAFE ETF by 10.9% during the 2nd quarter. Envestnet Asset Management Inc. now owns 7,285,707 shares of the exchange traded fund’s stock worth $756,839,000 after acquiring an additional 713,952 shares in the last quarter. AlTi Global Inc. boosted its stake in shares of iShares MSCI EAFE ETF by 1.1% during the 1st quarter. AlTi Global Inc. now owns 6,222,715 shares of the exchange traded fund’s stock worth $604,412,000 after acquiring an additional 69,780 shares in the last quarter. Bessemer Group Inc. boosted its stake in shares of iShares MSCI EAFE ETF by 27.9% during the 1st quarter. Bessemer Group Inc. now owns 5,586,139 shares of the exchange traded fund’s stock worth $542,581,000 after acquiring an additional 1,218,669 shares in the last quarter. Finally, Fifth Third Bancorp grew its holdings in shares of iShares MSCI EAFE ETF by 214.8% in the 1st quarter. Fifth Third Bancorp now owns 3,734,895 shares of the exchange traded fund’s stock worth $362,770,000 after acquiring an additional 2,548,421 shares during the last quarter. Institutional investors and hedge funds own 79.80% of the company’s stock.
iShares MSCI EAFE ETF Trading Up 0.4%
Shares of iShares MSCI EAFE ETF stock traded up $0.42 on Tuesday, reaching $103.47. 11,706,974 shares of the company were exchanged, compared to its average volume of 16,550,225. The stock has a fifty day moving average price of $106.33 and a 200-day moving average price of $104.10. The firm has a market capitalization of $76.80 billion, a price-to-earnings ratio of 16.48 and a beta of 0.78. iShares MSCI EAFE ETF has a fifty-two week low of $91.21 and a fifty-two week high of $108.89.
About iShares MSCI EAFE ETF
iShares MSCI EAFE ETF, formerly iShares MSCI EAFE Index Fund (the Fund), is an exchange-traded fund. The Fund’s investment objective is to seek investment results that correspond to the price and yield performance of its underlying index, MSCI EAFE Index (the Index). The Index has been developed by MSCI Inc as an equity benchmark for its international stock performance. The Index includes stocks from Europe, Australasia and the Far East. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.
See Also
- Five stocks we like better than iShares MSCI EAFE ETF
- A Chinese Rival Just Spooked Memory Stocks—How Worried Should Micron Investors Be?
- Could T-Mobile’s Satellite Competition Fears Create a Buying Opportunity?
- Surgical Precision, Sustainable Returns: Johnson & Johnson Secures Its Cash Flow Runway
- Tesla’s Robotaxi Lands in Paris—But Europe’s Real Fight Is Over Cheap EVs
Want to see what other hedge funds are holding EFA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares MSCI EAFE ETF (NYSEARCA:EFA – Free Report).
Receive News & Ratings for iShares MSCI EAFE ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares MSCI EAFE ETF and related companies with MarketBeat.com's FREE daily email newsletter.
