Sagard Holdings Management Inc. Invests $2.50 Million in iShares MSCI EAFE ETF $EFA

Sagard Holdings Management Inc. acquired a new stake in iShares MSCI EAFE ETF (NYSEARCA:EFA) in the 2nd quarter, HoldingsChannel.com reports. The institutional investor acquired 27,979 shares of the exchange traded fund’s stock, valued at approximately $2,501,000. iShares MSCI EAFE ETF makes up about 7.0% of Sagard Holdings Management Inc.’s holdings, making the stock its 8th largest position.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Brighton Jones LLC lifted its stake in iShares MSCI EAFE ETF by 5.3% during the fourth quarter. Brighton Jones LLC now owns 236,460 shares of the exchange traded fund’s stock worth $17,879,000 after purchasing an additional 11,902 shares during the last quarter. Revolve Wealth Partners LLC acquired a new stake in shares of iShares MSCI EAFE ETF during the fourth quarter worth $629,000. AlphaCore Capital LLC bought a new position in shares of iShares MSCI EAFE ETF in the 1st quarter worth about $144,000. National Bank of Canada FI boosted its holdings in shares of iShares MSCI EAFE ETF by 26.2% in the 1st quarter. National Bank of Canada FI now owns 120,990 shares of the exchange traded fund’s stock valued at $9,890,000 after buying an additional 25,131 shares during the period. Finally, Zions Bancorporation National Association UT acquired a new position in shares of iShares MSCI EAFE ETF in the 1st quarter valued at about $466,000. Institutional investors and hedge funds own 79.80% of the company’s stock.

iShares MSCI EAFE ETF Stock Down 0.3%

Shares of NYSEARCA:EFA opened at $95.51 on Tuesday. The company has a market cap of $68.88 billion, a PE ratio of 16.48 and a beta of 0.84. iShares MSCI EAFE ETF has a fifty-two week low of $72.14 and a fifty-two week high of $96.69. The firm has a 50-day simple moving average of $94.46 and a 200 day simple moving average of $91.70.

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.