Wealthfront Advisers LLC Buys 203,011 Shares of iShares MSCI EAFE ETF (NYSEARCA:EFA)

Wealthfront Advisers LLC lifted its holdings in iShares MSCI EAFE ETF (NYSEARCA:EFA) by 5,317.2% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 206,829 shares of the exchange traded fund’s stock after acquiring an additional 203,011 shares during the period. Wealthfront Advisers LLC’s holdings in iShares MSCI EAFE ETF were worth $15,638,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of EFA. Raymond James Financial Inc. purchased a new stake in iShares MSCI EAFE ETF in the fourth quarter worth about $258,750,000. Truist Financial Corp increased its position in iShares MSCI EAFE ETF by 4.2% during the 4th quarter. Truist Financial Corp now owns 3,372,742 shares of the exchange traded fund’s stock valued at $255,013,000 after buying an additional 134,539 shares in the last quarter. CIBC Asset Management Inc grew its position in iShares MSCI EAFE ETF by 7.3% during the 4th quarter. CIBC Asset Management Inc now owns 3,081,835 shares of the exchange traded fund’s stock worth $233,018,000 after purchasing an additional 209,174 shares during the last quarter. Toronto Dominion Bank lifted its position 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 worth $187,407,000 after acquiring an additional 888,764 shares during the period. Finally, M&T Bank Corp boosted its position in iShares MSCI EAFE ETF by 3.6% in the fourth quarter. M&T Bank Corp now owns 2,073,154 shares of the exchange traded fund’s stock valued at $156,751,000 after buying an additional 72,135 shares during the last quarter. 79.80% of the stock is owned by hedge funds and other institutional investors.

iShares MSCI EAFE ETF Stock Performance

Shares of EFA opened at $82.16 on Wednesday. The company has a market capitalization of $57.73 billion, a P/E ratio of 17.57 and a beta of 0.87. The business’s 50-day moving average is $79.55 and its two-hundred day moving average is $79.83. iShares MSCI EAFE ETF has a fifty-two week low of $73.91 and a fifty-two week 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.