Arbor Trust Wealth Advisors LLC Grows Stake in iShares MSCI EAFE ETF $EFA

Arbor Trust Wealth Advisors LLC increased its stake in shares of iShares MSCI EAFE ETF (NYSEARCA:EFA) by 18.3% during the 4th quarter, HoldingsChannel.com reports. The fund owned 107,027 shares of the exchange traded fund’s stock after acquiring an additional 16,568 shares during the period. iShares MSCI EAFE ETF accounts for about 4.5% of Arbor Trust Wealth Advisors LLC’s holdings, making the stock its 4th biggest holding. Arbor Trust Wealth Advisors LLC’s holdings in iShares MSCI EAFE ETF were worth $10,278,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of EFA. Northwestern Mutual Wealth Management Co. raised its stake in iShares MSCI EAFE ETF by 359.5% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 11,306,948 shares of the exchange traded fund’s stock valued at $1,085,806,000 after buying an additional 8,846,240 shares during the period. Causeway Capital Management LLC raised its stake in iShares MSCI EAFE ETF by 70,110.5% in the third quarter. Causeway Capital Management LLC now owns 4,959,667 shares of the exchange traded fund’s stock valued at $463,084,000 after buying an additional 4,952,603 shares during the period. Bessemer Group Inc. raised its stake in iShares MSCI EAFE ETF by 87.0% in the third quarter. Bessemer Group Inc. now owns 4,430,239 shares of the exchange traded fund’s stock valued at $413,652,000 after buying an additional 2,061,536 shares during the period. Northwestern Mutual Investment Management Company LLC raised its stake in iShares MSCI EAFE ETF by 13.9% in the fourth quarter. Northwestern Mutual Investment Management Company LLC now owns 15,736,766 shares of the exchange traded fund’s stock valued at $1,511,202,000 after buying an additional 1,922,902 shares during the period. Finally, SG Americas Securities LLC raised its stake in iShares MSCI EAFE ETF by 321.9% in the fourth quarter. SG Americas Securities LLC now owns 1,603,139 shares of the exchange traded fund’s stock valued at $153,949,000 after buying an additional 1,223,126 shares during the period. Institutional investors own 79.80% of the company’s stock.

iShares MSCI EAFE ETF Stock Down 1.7%

NYSEARCA:EFA opened at $101.72 on Friday. The stock’s 50 day moving average price is $99.97 and its two-hundred day moving average price is $98.79. The firm has a market capitalization of $75.07 billion, a price-to-earnings ratio of 16.48 and a beta of 0.78. iShares MSCI EAFE ETF has a 12-month low of $85.68 and a 12-month high of $105.94.

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. 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.