USA Financial Formulas Has $64.38 Million Stake in iShares MSCI EAFE ETF $EFA

USA Financial Formulas decreased its position in shares of iShares MSCI EAFE ETF (NYSEARCA:EFA) by 3.0% in the fourth quarter, HoldingsChannel reports. The firm owned 670,448 shares of the exchange traded fund’s stock after selling 20,754 shares during the quarter. iShares MSCI EAFE ETF accounts for approximately 11.7% of USA Financial Formulas’ investment portfolio, making the stock its 6th largest holding. USA Financial Formulas’ holdings in iShares MSCI EAFE ETF were worth $64,383,000 at the end of the most recent quarter.

Other large investors have also recently made changes to their positions in the company. Northern Trust Corp increased its stake in iShares MSCI EAFE ETF by 0.9% in the 3rd quarter. Northern Trust Corp now owns 21,097,652 shares of the exchange traded fund’s stock worth $1,969,888,000 after acquiring an additional 184,934 shares during the last quarter. Northwestern Mutual Investment Management Company LLC raised its holdings in shares of iShares MSCI EAFE ETF by 1.6% during the 3rd quarter. Northwestern Mutual Investment Management Company LLC now owns 13,813,864 shares of the exchange traded fund’s stock worth $1,289,800,000 after acquiring an additional 211,523 shares in the last quarter. AlTi Global Inc. boosted its position in shares of iShares MSCI EAFE ETF by 2.4% during the 3rd quarter. AlTi Global Inc. now owns 6,000,422 shares of the exchange traded fund’s stock valued at $560,259,000 after acquiring an additional 141,445 shares during the last quarter. Corient Private Wealth LLC boosted its position in shares of iShares MSCI EAFE ETF by 50.7% during the 2nd quarter. Corient Private Wealth LLC now owns 5,768,279 shares of the exchange traded fund’s stock valued at $504,181,000 after acquiring an additional 1,939,941 shares during the last quarter. Finally, Causeway Capital Management LLC grew its holdings in shares of iShares MSCI EAFE ETF by 70,110.5% in the third quarter. Causeway Capital Management LLC now owns 4,959,667 shares of the exchange traded fund’s stock valued at $463,084,000 after purchasing an additional 4,952,603 shares in the last quarter. 79.80% of the stock is owned by institutional investors.

iShares MSCI EAFE ETF Stock Performance

Shares of EFA opened at $93.80 on Friday. The company’s fifty day moving average is $100.63 and its 200 day moving average is $96.98. iShares MSCI EAFE ETF has a fifty-two week low of $72.14 and a fifty-two week high of $105.94. The stock has a market capitalization of $69.22 billion, a PE ratio of 16.48 and a beta of 0.84.

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. 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.