Zhang Financial LLC Has $1.24 Million Position in iShares MSCI EAFE ETF (NYSEARCA:EFA)

Zhang Financial LLC reduced its stake in iShares MSCI EAFE ETF (NYSEARCA:EFA) by 2.9% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 15,130 shares of the exchange traded fund’s stock after selling 445 shares during the period. Zhang Financial LLC’s holdings in iShares MSCI EAFE ETF were worth $1,237,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. JPMorgan Chase & Co. increased its holdings in shares of iShares MSCI EAFE ETF by 7.1% in the fourth quarter. JPMorgan Chase & Co. now owns 22,067,950 shares of the exchange traded fund’s stock valued at $1,668,558,000 after purchasing an additional 1,463,799 shares during the last quarter. Mackenzie Financial Corp grew its stake in shares of iShares MSCI EAFE ETF by 289.6% in the fourth quarter. Mackenzie Financial Corp now owns 7,811,793 shares of the exchange traded fund’s stock valued at $590,650,000 after acquiring an additional 5,806,736 shares in the last quarter. AlTi Global Inc. grew its stake in shares of iShares MSCI EAFE ETF by 6.3% in the fourth quarter. AlTi Global Inc. now owns 7,363,173 shares of the exchange traded fund’s stock valued at $556,777,000 after acquiring an additional 434,415 shares in the last quarter. Capital International Investors grew its stake in shares of iShares MSCI EAFE ETF by 401.3% in the fourth quarter. Capital International Investors now owns 4,483,982 shares of the exchange traded fund’s stock valued at $339,034,000 after acquiring an additional 3,589,503 shares in the last quarter. Finally, Raymond James Financial Inc. acquired a new position in shares of iShares MSCI EAFE ETF in the fourth quarter valued at about $258,750,000. 79.80% of the stock is currently owned by institutional investors and hedge funds.

iShares MSCI EAFE ETF Stock Performance

EFA stock opened at $90.39 on Friday. The company’s 50-day simple moving average is $85.08 and its 200 day simple moving average is $81.48. iShares MSCI EAFE ETF has a 52 week low of $72.15 and a 52 week high of $90.51. The company has a market capitalization of $63.51 billion, a PE ratio of 16.35 and a beta of 0.83.

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.