RiverFront Investment Group LLC Boosts Stake in iShares MSCI EAFE ETF (NYSEARCA:EFA)

RiverFront Investment Group LLC lifted its holdings in shares of iShares MSCI EAFE ETF (NYSEARCA:EFA) by 94.1% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 6,933 shares of the exchange traded fund’s stock after purchasing an additional 3,362 shares during the quarter. RiverFront Investment Group LLC’s holdings in iShares MSCI EAFE ETF were worth $524,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Horizon Investment Services LLC boosted its position in shares of iShares MSCI EAFE ETF by 13.8% during the 4th quarter. Horizon Investment Services LLC now owns 4,122 shares of the exchange traded fund’s stock worth $312,000 after purchasing an additional 500 shares during the period. Level Four Advisory Services LLC boosted its position in shares of iShares MSCI EAFE ETF by 222.3% during the fourth quarter. Level Four Advisory Services LLC now owns 201,166 shares of the exchange traded fund’s stock worth $15,210,000 after buying an additional 138,742 shares during the period. New Age Alpha Advisors LLC acquired a new stake in shares of iShares MSCI EAFE ETF in the fourth quarter valued at $665,000. JPMorgan Chase & Co. raised its holdings in shares of iShares MSCI EAFE ETF by 7.1% in the 4th quarter. JPMorgan Chase & Co. now owns 22,067,950 shares of the exchange traded fund’s stock valued at $1,668,558,000 after buying an additional 1,463,799 shares during the period. Finally, Foundation Wealth Management LLC PA acquired a new position in iShares MSCI EAFE ETF during the 4th quarter worth about $6,401,000. 79.80% of the stock is owned by institutional investors and hedge funds.

iShares MSCI EAFE ETF Price Performance

NYSEARCA EFA opened at $82.46 on Friday. The company has a market cap of $57.94 billion, a P/E ratio of 17.21 and a beta of 0.86. The stock has a 50-day moving average of $81.57 and a two-hundred day moving average of $80.01. iShares MSCI EAFE ETF has a 1-year low of $73.91 and a 1-year high of $85.19.

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.