Hsbc Holdings PLC Cuts Holdings in iShares MSCI EAFE ETF $EFA

Hsbc Holdings PLC lowered its stake in iShares MSCI EAFE ETF (NYSEARCA:EFA) by 3.3% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 583,389 shares of the exchange traded fund’s stock after selling 20,100 shares during the period. Hsbc Holdings PLC owned about 0.08% of iShares MSCI EAFE ETF worth $55,696,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also made changes to their positions in EFA. Northwestern Mutual Wealth Management Co. raised its stake in iShares MSCI EAFE ETF by 359.5% during the 4th 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 acquiring an additional 8,846,240 shares during the last quarter. Morgan Stanley grew its stake in shares of iShares MSCI EAFE ETF by 15.5% in 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 during the last quarter. Bank of America Corp DE increased its holdings in shares of iShares MSCI EAFE ETF by 9.5% in the fourth quarter. Bank of America Corp DE now owns 40,215,965 shares of the exchange traded fund’s stock valued at $3,861,939,000 after purchasing an additional 3,481,849 shares during the period. Valpey Financial Services LLC increased its holdings in shares of iShares MSCI EAFE ETF by 9,468.5% in the fourth quarter. Valpey Financial Services LLC now owns 2,091,588 shares of the exchange traded fund’s stock valued at $200,855,000 after purchasing an additional 2,069,729 shares during the period. Finally, Northwestern Mutual Investment Management Company LLC lifted its holdings in shares of iShares MSCI EAFE ETF by 13.9% during the fourth quarter. Northwestern Mutual Investment Management Company LLC now owns 15,736,766 shares of the exchange traded fund’s stock worth $1,511,202,000 after purchasing an additional 1,922,902 shares during the period. Hedge funds and other institutional investors own 79.80% of the company’s stock.

iShares MSCI EAFE ETF Stock Performance

Shares of EFA opened at $102.57 on Tuesday. The stock has a market capitalization of $75.82 billion, a P/E ratio of 16.48 and a beta of 0.78. iShares MSCI EAFE ETF has a 1 year low of $86.74 and a 1 year high of $105.94. The company’s fifty day moving average is $103.75 and its two-hundred day moving average is $101.65.

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.