Brookstone Capital Management Grows Position in iShares MSCI EAFE ETF $EFA

Brookstone Capital Management boosted its position in shares of iShares MSCI EAFE ETF (NYSEARCA:EFA) by 26.4% in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 25,577 shares of the exchange traded fund’s stock after acquiring an additional 5,346 shares during the period. Brookstone Capital Management’s holdings in iShares MSCI EAFE ETF were worth $2,484,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the business. Northwestern Mutual Wealth Management Co. boosted its holdings in iShares MSCI EAFE ETF by 359.5% in 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 purchasing an additional 8,846,240 shares in the last quarter. Causeway Capital Management LLC increased its position in shares of iShares MSCI EAFE ETF by 70,110.5% during the third quarter. Causeway Capital Management LLC now owns 4,959,667 shares of the exchange traded fund’s stock worth $463,084,000 after purchasing an additional 4,952,603 shares in the last quarter. Morgan Stanley increased its position in shares of iShares MSCI EAFE ETF by 15.5% during the fourth quarter. Morgan Stanley now owns 31,617,599 shares of the exchange traded fund’s stock worth $3,036,238,000 after purchasing an additional 4,244,605 shares in the last quarter. Bank of America Corp DE increased its position in iShares MSCI EAFE ETF by 9.5% during the fourth 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 period. Finally, Valpey Financial Services LLC raised its position in iShares MSCI EAFE ETF by 9,468.5% in the 4th quarter. Valpey Financial Services LLC now owns 2,091,588 shares of the exchange traded fund’s stock valued at $200,855,000 after purchasing an additional 2,069,729 shares during the last quarter. 79.80% of the stock is currently owned by institutional investors and hedge funds.

iShares MSCI EAFE ETF Stock Performance

Shares of NYSEARCA:EFA opened at $102.26 on Thursday. iShares MSCI EAFE ETF has a one year low of $86.74 and a one year high of $105.94. The company has a 50-day simple moving average of $103.34 and a 200-day simple moving average of $100.66. The stock has a market capitalization of $75.47 billion, a price-to-earnings ratio of 16.48 and a beta of 0.78.

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. 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.