Cullen Frost Bankers Inc. Has $120.37 Million Position in iShares MSCI EAFE ETF (NYSEARCA:EFA)

Cullen Frost Bankers Inc. increased its holdings in iShares MSCI EAFE ETF (NYSEARCA:EFA) by 3.9% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 1,591,922 shares of the exchange traded fund’s stock after purchasing an additional 60,369 shares during the quarter. iShares MSCI EAFE ETF comprises about 1.6% of Cullen Frost Bankers Inc.’s portfolio, making the stock its 10th biggest holding. Cullen Frost Bankers Inc.’s holdings in iShares MSCI EAFE ETF were worth $120,365,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Roxbury Financial LLC bought a new position in iShares MSCI EAFE ETF in the 4th quarter worth approximately $43,000. Kennebec Savings Bank bought a new position in iShares MSCI EAFE ETF in the 3rd quarter worth approximately $49,000. Kentucky Trust Co bought a new position in iShares MSCI EAFE ETF in the 4th quarter worth approximately $45,000. SYM FINANCIAL Corp grew its holdings in iShares MSCI EAFE ETF by 81.7% in the 4th quarter. SYM FINANCIAL Corp now owns 607 shares of the exchange traded fund’s stock worth $46,000 after buying an additional 273 shares in the last quarter. Finally, Synergy Asset Management LLC bought a new position in iShares MSCI EAFE ETF in the 4th quarter worth approximately $51,000. 79.80% of the stock is owned by institutional investors.

iShares MSCI EAFE ETF Price Performance

Shares of EFA stock opened at $84.43 on Thursday. The business has a 50 day simple moving average of $78.97 and a 200 day simple moving average of $79.80. The firm has a market capitalization of $59.32 billion, a price-to-earnings ratio of 17.57 and a beta of 0.87. iShares MSCI EAFE ETF has a 12-month low of $73.91 and a 12-month high of $84.57.

iShares MSCI EAFE ETF 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.