Rappaport Reiches Capital Management LLC Acquires New Stake in iShares MSCI EAFE ETF (NYSEARCA:EFA)

Rappaport Reiches Capital Management LLC acquired a new stake in shares of iShares MSCI EAFE ETF (NYSEARCA:EFA) during the first quarter, according to its most recent disclosure with the SEC. The fund acquired 2,620 shares of the exchange traded fund’s stock, valued at approximately $214,000.

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

iShares MSCI EAFE ETF Trading Down 0.9%

NYSEARCA:EFA opened at $86.33 on Friday. iShares MSCI EAFE ETF has a 12-month low of $72.15 and a 12-month high of $90.51. The stock has a 50-day moving average price of $86.39 and a 200 day moving average price of $81.86. The stock has a market capitalization of $60.66 billion, a P/E ratio of 16.35 and a beta of 0.83.

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.