Ramiah Investment Group lessened its holdings in shares of iShares MSCI EAFE ETF (NYSEARCA:EFA – Free Report) by 70.2% in the first quarter, Holdings Channel.com reports. The institutional investor owned 10,855 shares of the exchange traded fund’s stock after selling 25,549 shares during the quarter. iShares MSCI EAFE ETF makes up 0.9% of Ramiah Investment Group’s portfolio, making the stock its 18th largest holding. Ramiah Investment Group’s holdings in iShares MSCI EAFE ETF were worth $1,054,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Becker Capital Management Inc. grew its holdings in iShares MSCI EAFE ETF by 5.9% in the 3rd quarter. Becker Capital Management Inc. now owns 801,714 shares of the exchange traded fund’s stock worth $74,856,000 after buying an additional 44,503 shares in the last quarter. Clearbridge Investments LLC acquired a new position in iShares MSCI EAFE ETF during the 4th quarter worth $7,552,000. Gryphon Financial Partners LLC boosted its position in iShares MSCI EAFE ETF by 18.4% during the 4th quarter. Gryphon Financial Partners LLC now owns 53,061 shares of the exchange traded fund’s stock worth $5,095,000 after acquiring an additional 8,251 shares during the period. Boston Common Asset Management LLC bought a new position in shares of iShares MSCI EAFE ETF in the fourth quarter worth $2,665,000. Finally, Avity Investment Management Inc. grew its stake in shares of iShares MSCI EAFE ETF by 62.1% in 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 in the last quarter. Institutional investors and hedge funds own 79.80% of the company’s stock.
iShares MSCI EAFE ETF Stock Performance
Shares of EFA opened at $102.54 on Friday. iShares MSCI EAFE ETF has a one year low of $86.74 and a one year high of $105.94. The stock’s fifty day moving average is $103.31 and its 200-day moving average is $100.72. The firm has a market capitalization of $75.67 billion, a price-to-earnings ratio of 16.48 and a beta of 0.78.
iShares MSCI EAFE ETF Profile
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.
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