iShares MSCI EAFE ETF $EFA Shares Newly Purchased by New York University

New York University bought a new stake in iShares MSCI EAFE ETF (NYSEARCA:EFA) in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor bought 1,500,064 shares of the exchange traded fund’s stock, valued at approximately $155,842,000. iShares MSCI EAFE ETF makes up about 49.7% of New York University’s holdings, making the stock its 2nd largest holding. New York University owned 0.20% of iShares MSCI EAFE ETF at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Scarborough Advisors LLC bought a new position in shares of iShares MSCI EAFE ETF in the first quarter valued at approximately $33,000. Centrica Wealth Management LLC acquired a new position in shares of iShares MSCI EAFE ETF during the second quarter valued at approximately $40,000. Arjuna Capital bought a new stake in iShares MSCI EAFE ETF during the first quarter worth approximately $42,000. Manning & Napier Advisors LLC bought a new stake in iShares MSCI EAFE ETF during the first quarter worth approximately $51,000. Finally, AG Campbell Advisory LLC bought a new stake in iShares MSCI EAFE ETF during the fourth quarter worth approximately $53,000. 79.80% of the stock is currently owned by institutional investors.

iShares MSCI EAFE ETF Stock Up 0.4%

EFA traded up $0.42 during trading on Tuesday, reaching $103.47. The stock had a trading volume of 11,706,974 shares, compared to its average volume of 16,550,225. The firm has a market capitalization of $76.80 billion, a price-to-earnings ratio of 16.48 and a beta of 0.78. iShares MSCI EAFE ETF has a 1-year low of $91.21 and a 1-year high of $108.89. The stock has a 50 day moving average of $106.33 and a two-hundred day moving average of $104.10.

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. 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.