Krane Financial Solutions LLC Buys Shares of 57,085 iShares MSCI EAFE ETF $EFA

Krane Financial Solutions LLC bought a new position in iShares MSCI EAFE ETF (NYSEARCA:EFA) in the 1st quarter, according to its most recent filing with the SEC. The institutional investor bought 57,085 shares of the exchange traded fund’s stock, valued at approximately $5,545,000. iShares MSCI EAFE ETF accounts for 3.8% of Krane Financial Solutions LLC’s holdings, making the stock its 11th biggest holding.

A number of other hedge funds and other institutional investors have also made changes to their positions in EFA. Bank of America Corp DE lifted its stake in iShares MSCI EAFE ETF by 9.5% in the fourth quarter. Bank of America Corp DE now owns 40,215,965 shares of the exchange traded fund’s stock worth $3,861,939,000 after acquiring an additional 3,481,849 shares during the period. Morgan Stanley grew its holdings in iShares MSCI EAFE ETF by 15.5% during the 4th quarter. Morgan Stanley now owns 31,617,599 shares of the exchange traded fund’s stock worth $3,036,238,000 after acquiring an additional 4,244,605 shares in the last quarter. JPMorgan Chase & Co. increased its position in iShares MSCI EAFE ETF by 5.1% during the 4th quarter. JPMorgan Chase & Co. now owns 21,517,515 shares of the exchange traded fund’s stock valued at $2,066,327,000 after purchasing an additional 1,041,180 shares during the period. Northern Trust Corp raised its holdings in shares of iShares MSCI EAFE ETF by 1.0% in the 4th quarter. Northern Trust Corp now owns 21,303,587 shares of the exchange traded fund’s stock valued at $2,045,783,000 after purchasing an additional 205,935 shares in the last quarter. Finally, Northwestern Mutual Investment Management Company LLC raised its holdings in shares of iShares MSCI EAFE ETF by 13.9% in the 4th quarter. Northwestern Mutual Investment Management Company LLC now owns 15,736,766 shares of the exchange traded fund’s stock valued at $1,511,202,000 after purchasing an additional 1,922,902 shares in the last quarter. Institutional investors own 79.80% of the company’s stock.

iShares MSCI EAFE ETF Stock Performance

Shares of EFA opened at $105.58 on Friday. The company has a 50 day moving average price of $103.93 and a 200-day moving average price of $102.04. iShares MSCI EAFE ETF has a fifty-two week low of $86.74 and a fifty-two week high of $106.32. The stock has a market capitalization of $78.04 billion, a PE ratio of 16.48 and a beta of 0.78.

iShares MSCI EAFE ETF Company 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.