Krane Financial Solutions LLC bought a new stake in iShares MSCI EAFE ETF (NYSEARCA:EFA – Free Report) during the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund bought 57,085 shares of the exchange traded fund’s stock, valued at approximately $5,545,000. iShares MSCI EAFE ETF comprises about 3.8% of Krane Financial Solutions LLC’s investment portfolio, making the stock its 11th largest holding.
Other large investors have also added to or reduced their stakes in the company. Northwestern Mutual Wealth Management Co. lifted its position in shares of iShares MSCI EAFE ETF by 359.5% during the fourth 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 buying an additional 8,846,240 shares during the last quarter. Morgan Stanley grew its position 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 worth $3,036,238,000 after buying an additional 4,244,605 shares during the last quarter. Bank of America Corp DE grew its position in shares of iShares MSCI EAFE ETF by 9.5% in the 4th quarter. Bank of America Corp DE now owns 40,215,965 shares of the exchange traded fund’s stock worth $3,861,939,000 after buying an additional 3,481,849 shares during the last quarter. Fifth Third Bancorp raised its stake in shares of iShares MSCI EAFE ETF by 214.8% during the 1st quarter. Fifth Third Bancorp now owns 3,734,895 shares of the exchange traded fund’s stock worth $362,770,000 after acquiring an additional 2,548,421 shares in the last quarter. Finally, Valpey Financial Services LLC raised its stake in shares of iShares MSCI EAFE ETF by 9,468.5% during the 4th quarter. Valpey Financial Services LLC now owns 2,091,588 shares of the exchange traded fund’s stock worth $200,855,000 after acquiring an additional 2,069,729 shares in the last quarter. 79.80% of the stock is currently owned by institutional investors.
iShares MSCI EAFE ETF Stock Down 0.6%
NYSEARCA:EFA opened at $105.58 on Friday. The stock has a market capitalization of $78.04 billion, a price-to-earnings ratio of 16.48 and a beta of 0.78. iShares MSCI EAFE ETF has a 52 week low of $86.74 and a 52 week high of $106.32. The firm has a 50 day moving average of $103.93 and a 200 day moving average of $102.04.
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. 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.
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