QRG Capital Management Inc. Boosts Stake in iShares MSCI EAFE ETF $EFA

QRG Capital Management Inc. grew its holdings in shares of iShares MSCI EAFE ETF (NYSEARCA:EFA) by 9.9% in the 1st quarter, Holdings Channel reports. The fund owned 159,568 shares of the exchange traded fund’s stock after acquiring an additional 14,340 shares during the period. QRG Capital Management Inc.’s holdings in iShares MSCI EAFE ETF were worth $15,499,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. Clearbridge Investments LLC bought a new stake in shares of iShares MSCI EAFE ETF in the 4th quarter worth about $7,552,000. Gryphon Financial Partners LLC raised its stake in shares of iShares MSCI EAFE ETF by 18.4% in the 4th quarter. Gryphon Financial Partners LLC now owns 53,061 shares of the exchange traded fund’s stock valued at $5,095,000 after purchasing an additional 8,251 shares in the last quarter. Boston Common Asset Management LLC bought a new position in shares of iShares MSCI EAFE ETF during the fourth quarter worth about $2,665,000. Avity Investment Management Inc. lifted its position in shares of iShares MSCI EAFE ETF by 62.1% during the third quarter. Avity Investment Management Inc. now owns 112,803 shares of the exchange traded fund’s stock worth $10,532,000 after purchasing an additional 43,212 shares during the last quarter. Finally, Common Fund For Nonprofit Organizations lifted its position in shares of iShares MSCI EAFE ETF by 21.6% during the third quarter. Common Fund For Nonprofit Organizations now owns 187,422 shares of the exchange traded fund’s stock worth $17,500,000 after purchasing an additional 33,344 shares during the last quarter. 79.80% of the stock is owned by hedge funds and other institutional investors.

iShares MSCI EAFE ETF Stock Performance

NYSEARCA:EFA opened at $104.37 on Friday. The company has a market capitalization of $77.59 billion, a price-to-earnings ratio of 16.48 and a beta of 0.78. iShares MSCI EAFE ETF has a one year low of $86.74 and a one year high of $105.94. The stock has a 50-day simple moving average of $103.40 and a 200 day simple moving average of $100.99.

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.