NewEdge Wealth LLC Increases Stock Position in iShares MSCI EAFE ETF (NYSEARCA:EFA)

NewEdge Wealth LLC increased its stake in shares of iShares MSCI EAFE ETF (NYSEARCA:EFA) by 10.3% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 571,311 shares of the exchange traded fund’s stock after purchasing an additional 53,521 shares during the period. iShares MSCI EAFE ETF makes up 0.7% of NewEdge Wealth LLC’s investment portfolio, making the stock its 28th largest holding. NewEdge Wealth LLC owned 0.08% of iShares MSCI EAFE ETF worth $43,197,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Arvest Bank Trust Division purchased a new stake in iShares MSCI EAFE ETF during the 3rd quarter valued at $119,220,000. WCM Investment Management LLC grew its holdings in shares of iShares MSCI EAFE ETF by 5,144.9% in the fourth quarter. WCM Investment Management LLC now owns 1,150,986 shares of the exchange traded fund’s stock worth $87,026,000 after acquiring an additional 1,129,041 shares during the period. Toronto Dominion Bank increased its position in iShares MSCI EAFE ETF by 65.7% during the third quarter. Toronto Dominion Bank now owns 2,240,907 shares of the exchange traded fund’s stock valued at $187,407,000 after acquiring an additional 888,764 shares during the last quarter. DRW Securities LLC lifted its holdings in iShares MSCI EAFE ETF by 471.5% in the third quarter. DRW Securities LLC now owns 915,832 shares of the exchange traded fund’s stock valued at $76,591,000 after acquiring an additional 755,574 shares during the period. Finally, Greenfield FTC Inc. boosted its position in iShares MSCI EAFE ETF by 207.7% in the fourth quarter. Greenfield FTC Inc. now owns 893,758 shares of the exchange traded fund’s stock worth $67,577,000 after purchasing an additional 603,330 shares during the last quarter. Institutional investors own 79.80% of the company’s stock.

iShares MSCI EAFE ETF Stock Up 0.1 %

NYSEARCA EFA opened at $82.34 on Thursday. The company has a 50-day moving average price of $78.28 and a 200-day moving average price of $79.68. iShares MSCI EAFE ETF has a 52 week low of $73.91 and a 52 week high of $84.56. The firm has a market capitalization of $57.85 billion, a P/E ratio of 17.57 and a beta of 0.87.

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.