Nexus Investment Management ULC Has $3.53 Million Position in iShares MSCI EAFE ETF $EFA

Nexus Investment Management ULC raised its stake in shares of iShares MSCI EAFE ETF (NYSEARCA:EFA) by 23.6% in the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 37,750 shares of the exchange traded fund’s stock after acquiring an additional 7,200 shares during the quarter. iShares MSCI EAFE ETF makes up 0.5% of Nexus Investment Management ULC’s portfolio, making the stock its 23rd largest holding. Nexus Investment Management ULC’s holdings in iShares MSCI EAFE ETF were worth $3,525,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently made changes to their positions in EFA. Citizens Financial Group Inc. RI increased its position in shares of iShares MSCI EAFE ETF by 1.2% during the 3rd quarter. Citizens Financial Group Inc. RI now owns 480,349 shares of the exchange traded fund’s stock worth $44,850,000 after purchasing an additional 5,777 shares in the last quarter. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA grew its stake in iShares MSCI EAFE ETF by 13.1% during the third quarter. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA now owns 6,749 shares of the exchange traded fund’s stock worth $640,000 after buying an additional 781 shares during the last quarter. Madden Advisory Services Inc. increased its holdings in shares of iShares MSCI EAFE ETF by 14.1% during the third quarter. Madden Advisory Services Inc. now owns 103,775 shares of the exchange traded fund’s stock worth $9,690,000 after buying an additional 12,832 shares in the last quarter. Corundum Group Inc. raised its stake in shares of iShares MSCI EAFE ETF by 1.6% in the third quarter. Corundum Group Inc. now owns 128,551 shares of the exchange traded fund’s stock valued at $12,003,000 after acquiring an additional 2,006 shares during the last quarter. Finally, Bristlecone Advisors LLC boosted its holdings in shares of iShares MSCI EAFE ETF by 0.3% in the 3rd quarter. Bristlecone Advisors LLC now owns 74,292 shares of the exchange traded fund’s stock worth $6,937,000 after acquiring an additional 234 shares in the last quarter. Institutional investors and hedge funds own 79.80% of the company’s stock.

iShares MSCI EAFE ETF Price Performance

EFA stock opened at $98.81 on Monday. The business has a fifty day moving average price of $95.45 and a 200 day moving average price of $93.04. iShares MSCI EAFE ETF has a fifty-two week low of $72.14 and a fifty-two week high of $98.89. The stock has a market capitalization of $72.92 billion, a price-to-earnings ratio of 16.48 and a beta of 0.84.

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.