iShares MSCI EAFE ETF (NYSEARCA:EFA) Stake Boosted by Destination Wealth Management

Destination Wealth Management grew its stake in shares of iShares MSCI EAFE ETF (NYSEARCA:EFA) by 1.3% in the 4th quarter, Holdings Channel reports. The firm owned 436,776 shares of the exchange traded fund’s stock after acquiring an additional 5,421 shares during the quarter. Destination Wealth Management’s holdings in iShares MSCI EAFE ETF were worth $33,025,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the business. Raymond James Financial Inc. bought a new position in iShares MSCI EAFE ETF during the 4th quarter valued at $258,750,000. Arvest Bank Trust Division bought a new position in iShares MSCI EAFE ETF during the 3rd quarter valued at $119,220,000. WCM Investment Management LLC boosted its stake in iShares MSCI EAFE ETF by 5,144.9% during the 4th quarter. WCM Investment Management LLC now owns 1,150,986 shares of the exchange traded fund’s stock valued at $87,026,000 after purchasing an additional 1,129,041 shares in the last quarter. Toronto Dominion Bank boosted its stake in iShares MSCI EAFE ETF by 65.7% during the 3rd quarter. Toronto Dominion Bank now owns 2,240,907 shares of the exchange traded fund’s stock valued at $187,407,000 after purchasing an additional 888,764 shares in the last quarter. Finally, DRW Securities LLC boosted its stake in iShares MSCI EAFE ETF by 471.5% during the 3rd quarter. DRW Securities LLC now owns 915,832 shares of the exchange traded fund’s stock valued at $76,591,000 after purchasing an additional 755,574 shares in the last quarter. 79.80% of the stock is owned by institutional investors.

iShares MSCI EAFE ETF Stock Performance

Shares of NYSEARCA EFA opened at $83.56 on Friday. The stock has a fifty day moving average price of $79.12 and a two-hundred day moving average price of $79.83. The firm has a market cap of $58.71 billion, a P/E ratio of 17.57 and a beta of 0.87. iShares MSCI EAFE ETF has a 1 year low of $73.91 and a 1 year high of $84.57.

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.