Reflection Asset Management Purchases New Stake in iShares MSCI EAFE ETF $EFA

Reflection Asset Management bought a new stake in iShares MSCI EAFE ETF (NYSEARCA:EFA) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 5,244 shares of the exchange traded fund’s stock, valued at approximately $513,000.

Several other hedge funds and other institutional investors have also made changes to their positions in EFA. Northwestern Mutual Wealth Management Co. lifted its stake in shares of 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 worth $1,085,806,000 after acquiring an additional 8,846,240 shares in the last quarter. Causeway Capital Management LLC grew its stake in iShares MSCI EAFE ETF by 70,110.5% during the 3rd quarter. Causeway Capital Management LLC now owns 4,959,667 shares of the exchange traded fund’s stock valued at $463,084,000 after purchasing an additional 4,952,603 shares in the last quarter. Morgan Stanley grew its stake in iShares MSCI EAFE ETF by 15.5% during the 4th quarter. Morgan Stanley now owns 31,617,599 shares of the exchange traded fund’s stock valued at $3,036,238,000 after purchasing an additional 4,244,605 shares in the last quarter. Bank of America Corp DE increased its holdings in iShares MSCI EAFE ETF by 9.5% during the 4th quarter. Bank of America Corp DE now owns 40,215,965 shares of the exchange traded fund’s stock worth $3,861,939,000 after purchasing an additional 3,481,849 shares during the last quarter. Finally, Valpey Financial Services LLC increased its holdings in iShares MSCI EAFE ETF by 9,468.5% during the 4th quarter. Valpey Financial Services LLC now owns 2,091,588 shares of the exchange traded fund’s stock worth $200,855,000 after purchasing an additional 2,069,729 shares during the last quarter. Institutional investors and hedge funds own 79.80% of the company’s stock.

iShares MSCI EAFE ETF Price Performance

Shares of EFA opened at $104.41 on Friday. The firm has a market cap of $77.05 billion, a price-to-earnings ratio of 16.48 and a beta of 0.78. The business’s 50 day moving average is $103.29 and its two-hundred day moving average is $100.46. iShares MSCI EAFE ETF has a 52-week low of $85.68 and a 52-week high of $105.94.

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. 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.