Edgestream Partners L.P. Cuts Stock Holdings in iShares MSCI EAFE ETF $EFA

Edgestream Partners L.P. lowered its position in shares of iShares MSCI EAFE ETF (NYSEARCA:EFA) by 64.6% in the first quarter, Holdings Channel.com reports. The fund owned 5,326 shares of the exchange traded fund’s stock after selling 9,702 shares during the quarter. Edgestream Partners L.P.’s holdings in iShares MSCI EAFE ETF were worth $517,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Bank of America Corp DE lifted its position in iShares MSCI EAFE ETF by 9.5% in the fourth quarter. Bank of America Corp DE now owns 40,215,965 shares of the exchange traded fund’s stock valued at $3,861,939,000 after buying an additional 3,481,849 shares during the last quarter. Morgan Stanley lifted its holdings in shares of iShares MSCI EAFE ETF by 15.5% in the 4th quarter. Morgan Stanley now owns 31,617,599 shares of the exchange traded fund’s stock worth $3,036,238,000 after acquiring an additional 4,244,605 shares during the last quarter. JPMorgan Chase & Co. lifted its holdings in shares of iShares MSCI EAFE ETF by 5.1% in the 4th quarter. JPMorgan Chase & Co. now owns 21,517,515 shares of the exchange traded fund’s stock worth $2,066,327,000 after acquiring an additional 1,041,180 shares during the last quarter. Northern Trust Corp boosted its position in shares of iShares MSCI EAFE ETF by 1.0% during the 4th quarter. Northern Trust Corp now owns 21,303,587 shares of the exchange traded fund’s stock worth $2,045,783,000 after purchasing an additional 205,935 shares during the period. Finally, Northwestern Mutual Investment Management Company LLC boosted its position in shares of iShares MSCI EAFE ETF by 13.9% during the 4th quarter. Northwestern Mutual Investment Management Company LLC now owns 15,736,766 shares of the exchange traded fund’s stock worth $1,511,202,000 after purchasing an additional 1,922,902 shares during the period. Hedge funds and other institutional investors own 79.80% of the company’s stock.

iShares MSCI EAFE ETF Stock Performance

iShares MSCI EAFE ETF stock opened at $107.32 on Wednesday. iShares MSCI EAFE ETF has a fifty-two week low of $88.17 and a fifty-two week high of $107.47. The firm has a 50 day moving average price of $104.02 and a 200 day moving average price of $102.16. The company has a market capitalization of $79.33 billion, a PE ratio of 16.48 and a beta of 0.78.

iShares MSCI EAFE ETF Company 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.