New Age Alpha Advisors LLC Invests $665,000 in iShares MSCI EAFE ETF (NYSEARCA:EFA)

New Age Alpha Advisors LLC purchased a new position in iShares MSCI EAFE ETF (NYSEARCA:EFA) in the fourth quarter, HoldingsChannel reports. The fund purchased 8,796 shares of the exchange traded fund’s stock, valued at approximately $665,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. Raymond James Financial Inc. bought a new stake in iShares MSCI EAFE ETF during the fourth quarter worth about $258,750,000. Natixis Advisors LLC boosted its position in shares of iShares MSCI EAFE ETF by 124.5% in the 4th quarter. Natixis Advisors LLC now owns 3,370,059 shares of the exchange traded fund’s stock worth $254,810,000 after purchasing an additional 1,868,602 shares in the last quarter. JPMorgan Chase & Co. boosted its position 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 worth $1,668,558,000 after purchasing an additional 1,463,799 shares in the last quarter. Arvest Bank Trust Division purchased a new stake in shares of iShares MSCI EAFE ETF in the 3rd quarter worth approximately $119,220,000. Finally, WCM Investment Management LLC increased its position 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 buying an additional 1,129,041 shares in the last quarter. 79.80% of the stock is currently owned by hedge funds and other institutional investors.

iShares MSCI EAFE ETF Trading Down 0.9 %

iShares MSCI EAFE ETF stock opened at $81.73 on Tuesday. iShares MSCI EAFE ETF has a 12 month low of $73.91 and a 12 month high of $85.19. The business’s fifty day simple moving average is $81.67 and its two-hundred day simple moving average is $80.01. The company has a market capitalization of $57.42 billion, a price-to-earnings ratio of 17.21 and a beta of 0.86.

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.