SouthState Corp Increases Holdings in iShares MSCI EAFE ETF (NYSEARCA:EFA)

SouthState Corp raised its stake in iShares MSCI EAFE ETF (NYSEARCA:EFA) by 2.3% in the 4th quarter, Holdings Channel reports. The institutional investor owned 17,528 shares of the exchange traded fund’s stock after buying an additional 392 shares during the period. SouthState Corp’s holdings in iShares MSCI EAFE ETF were worth $1,325,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Raymond James Financial Inc. purchased a new position in shares of iShares MSCI EAFE ETF during the 4th quarter worth $258,750,000. Natixis Advisors LLC lifted its position in iShares MSCI EAFE ETF by 124.5% in the fourth quarter. Natixis Advisors LLC now owns 3,370,059 shares of the exchange traded fund’s stock valued at $254,810,000 after buying an additional 1,868,602 shares during the last quarter. Arvest Bank Trust Division purchased a new position in iShares MSCI EAFE ETF during the third quarter worth about $119,220,000. WCM Investment Management LLC increased its position in shares of iShares MSCI EAFE ETF by 5,144.9% during the fourth quarter. WCM Investment Management LLC now owns 1,150,986 shares of the exchange traded fund’s stock valued at $87,026,000 after acquiring an additional 1,129,041 shares during the last quarter. Finally, Toronto Dominion Bank raised its stake in shares of iShares MSCI EAFE ETF by 65.7% in the 3rd 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 period. 79.80% of the stock is owned by institutional investors and hedge funds.

iShares MSCI EAFE ETF Stock Performance

NYSEARCA:EFA opened at $84.65 on Tuesday. The stock has a market capitalization of $59.48 billion, a P/E ratio of 17.21 and a beta of 0.86. iShares MSCI EAFE ETF has a fifty-two week low of $73.91 and a fifty-two week high of $84.79. The company has a 50 day moving average price of $80.16 and a 200 day moving average price of $79.85.

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.