Principal Financial Group Inc. Boosts Holdings in iShares MSCI EAFE ETF $EFA

Principal Financial Group Inc. increased its holdings in iShares MSCI EAFE ETF (NYSEARCA:EFA) by 52.7% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 554,166 shares of the exchange traded fund’s stock after buying an additional 191,354 shares during the quarter. Principal Financial Group Inc. owned 0.08% of iShares MSCI EAFE ETF worth $53,217,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Brighton Jones LLC boosted its position in shares of iShares MSCI EAFE ETF by 5.3% in the fourth quarter. Brighton Jones LLC now owns 236,460 shares of the exchange traded fund’s stock worth $17,879,000 after purchasing an additional 11,902 shares during the period. Revolve Wealth Partners LLC bought a new position in shares of iShares MSCI EAFE ETF in the fourth quarter worth approximately $629,000. First Trust Advisors LP boosted its position in shares of iShares MSCI EAFE ETF by 13.4% in the second quarter. First Trust Advisors LP now owns 3,190 shares of the exchange traded fund’s stock worth $285,000 after purchasing an additional 377 shares during the period. NewEdge Advisors LLC boosted its position in shares of iShares MSCI EAFE ETF by 21.5% in the second quarter. NewEdge Advisors LLC now owns 115,897 shares of the exchange traded fund’s stock worth $10,360,000 after purchasing an additional 20,528 shares during the period. Finally, Sei Investments Co. boosted its position in shares of iShares MSCI EAFE ETF by 6.1% in the second quarter. Sei Investments Co. now owns 75,960 shares of the exchange traded fund’s stock worth $6,790,000 after purchasing an additional 4,348 shares during the period. Hedge funds and other institutional investors own 79.80% of the company’s stock.

iShares MSCI EAFE ETF Price Performance

EFA opened at $103.96 on Friday. The firm has a market cap of $76.72 billion, a P/E ratio of 16.48 and a beta of 0.78. iShares MSCI EAFE ETF has a 1-year low of $85.65 and a 1-year high of $105.94. The company has a 50 day simple moving average of $100.00 and a two-hundred day simple moving average of $98.46.

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.