Principal Financial Group Inc. Has $53.06 Million Holdings in iShares MSCI EAFE ETF $EFA

Principal Financial Group Inc. cut its position in shares of iShares MSCI EAFE ETF (NYSEARCA:EFA) by 1.4% in the first quarter, Holdings Channel.com reports. The institutional investor owned 546,266 shares of the exchange traded fund’s stock after selling 7,900 shares during the period. Principal Financial Group Inc.’s holdings in iShares MSCI EAFE ETF were worth $53,059,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Bedel Financial Consulting Inc. increased its position in shares of iShares MSCI EAFE ETF by 0.8% in the first quarter. Bedel Financial Consulting Inc. now owns 26,857 shares of the exchange traded fund’s stock worth $2,609,000 after acquiring an additional 208 shares in the last quarter. Chicago Partners Investment Group LLC lifted its position in shares of iShares MSCI EAFE ETF by 5.9% in the 1st quarter. Chicago Partners Investment Group LLC now owns 90,673 shares of the exchange traded fund’s stock valued at $9,246,000 after acquiring an additional 5,085 shares in the last quarter. Lifeworks Advisors LLC boosted its stake in iShares MSCI EAFE ETF by 29.6% in the 1st quarter. Lifeworks Advisors LLC now owns 7,212 shares of the exchange traded fund’s stock worth $701,000 after purchasing an additional 1,649 shares during the period. Navigate Wealth Management LLC acquired a new position in iShares MSCI EAFE ETF in the 1st quarter worth approximately $441,000. Finally, Global Assets Advisory LLC purchased a new position in iShares MSCI EAFE ETF during the 1st quarter worth approximately $3,329,000. 79.80% of the stock is currently owned by institutional investors and hedge funds.

iShares MSCI EAFE ETF Stock Down 0.5%

Shares of NYSEARCA:EFA opened at $103.33 on Friday. The company’s fifty day moving average is $103.78 and its two-hundred day moving average is $101.57. The company has a market cap of $76.51 billion, a P/E ratio of 16.48 and a beta of 0.78. iShares MSCI EAFE ETF has a 12-month low of $86.74 and a 12-month high of $105.94.

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.