SVB Wealth LLC Buys Shares of 141,344 iShares MSCI EAFE ETF (NYSEARCA:EFA)

SVB Wealth LLC purchased a new position in iShares MSCI EAFE ETF (NYSEARCA:EFA) in the fourth quarter, Holdings Channel reports. The fund purchased 141,344 shares of the exchange traded fund’s stock, valued at approximately $10,687,000.

Several other institutional investors have also made changes to their positions in the stock. Pettinga Financial Advisors LLC grew its holdings in shares of iShares MSCI EAFE ETF by 1.9% during the 3rd quarter. Pettinga Financial Advisors LLC now owns 37,043 shares of the exchange traded fund’s stock valued at $3,098,000 after acquiring an additional 690 shares in the last quarter. First Trust Direct Indexing L.P. purchased a new position in iShares MSCI EAFE ETF in the third quarter valued at about $203,000. Pinnacle Associates Ltd. increased its position in iShares MSCI EAFE ETF by 18.2% in the 3rd quarter. Pinnacle Associates Ltd. now owns 49,288 shares of the exchange traded fund’s stock worth $4,122,000 after purchasing an additional 7,574 shares during the last quarter. LCM Capital Management Inc increased its position in iShares MSCI EAFE ETF by 0.3% in the 3rd quarter. LCM Capital Management Inc now owns 78,508 shares of the exchange traded fund’s stock worth $6,566,000 after purchasing an additional 245 shares during the last quarter. Finally, Stephens Inc. AR raised its stake in shares of iShares MSCI EAFE ETF by 3.4% during the 3rd quarter. Stephens Inc. AR now owns 294,045 shares of the exchange traded fund’s stock worth $24,591,000 after purchasing an additional 9,732 shares in 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 $81.58 on Friday. The business has a 50 day simple moving average of $78.53 and a 200 day simple moving average of $79.72. iShares MSCI EAFE ETF has a 52 week low of $73.91 and a 52 week high of $84.56. The stock has a market cap of $57.32 billion, a price-to-earnings ratio of 17.57 and a beta of 0.87.

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.