Grant Street Asset Management Inc. Raises Stock Holdings in iShares MSCI EAFE ETF $EFA

Grant Street Asset Management Inc. increased its holdings in iShares MSCI EAFE ETF (NYSEARCA:EFA) by 3.5% during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 401,835 shares of the exchange traded fund’s stock after purchasing an additional 13,745 shares during the period. iShares MSCI EAFE ETF accounts for 7.5% of Grant Street Asset Management Inc.’s holdings, making the stock its 6th biggest holding. Grant Street Asset Management Inc.’s holdings in iShares MSCI EAFE ETF were worth $39,030,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Independent Wealth Network Inc. raised its position in shares of iShares MSCI EAFE ETF by 0.9% during the first quarter. Independent Wealth Network Inc. now owns 11,480 shares of the exchange traded fund’s stock valued at $1,115,000 after buying an additional 99 shares during the last quarter. Topsail Wealth Management LLC lifted its holdings in shares of iShares MSCI EAFE ETF by 0.4% in the first quarter. Topsail Wealth Management LLC now owns 24,254 shares of the exchange traded fund’s stock worth $2,356,000 after buying an additional 100 shares in the last quarter. Palisade Asset Management LLC boosted its position in shares of iShares MSCI EAFE ETF by 0.3% during the fourth quarter. Palisade Asset Management LLC now owns 36,882 shares of the exchange traded fund’s stock worth $3,542,000 after acquiring an additional 101 shares during the last quarter. Osborne Partners Capital Management LLC boosted its position in shares of iShares MSCI EAFE ETF by 0.6% during the fourth quarter. Osborne Partners Capital Management LLC now owns 16,955 shares of the exchange traded fund’s stock worth $1,628,000 after acquiring an additional 104 shares during the last quarter. Finally, Atalanta Sosnoff Capital LLC boosted its position in shares of iShares MSCI EAFE ETF by 2.2% during the fourth quarter. Atalanta Sosnoff Capital LLC now owns 4,961 shares of the exchange traded fund’s stock worth $476,000 after acquiring an additional 105 shares during the last quarter. 79.80% of the stock is currently owned by institutional investors.

iShares MSCI EAFE ETF Stock Performance

EFA opened at $103.33 on Monday. The stock has a market capitalization of $76.51 billion, a price-to-earnings ratio of 16.48 and a beta of 0.78. The company has a fifty day moving average of $103.78 and a 200 day moving average of $101.61. iShares MSCI EAFE ETF has a fifty-two week low of $86.74 and a fifty-two week high of $105.94.

iShares MSCI EAFE ETF 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. The Index includes stocks from Europe, Australasia and the Far East. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.