Horan Capital Advisors LLC. Raises Position in iShares MSCI EAFE ETF (NYSEARCA:EFA)

Horan Capital Advisors LLC. grew its holdings in shares of iShares MSCI EAFE ETF (NYSEARCA:EFA) by 16.3% during the fourth quarter, HoldingsChannel reports. The firm owned 6,366 shares of the exchange traded fund’s stock after purchasing an additional 891 shares during the quarter. Horan Capital Advisors LLC.’s holdings in iShares MSCI EAFE ETF were worth $481,000 at the end of the most recent quarter.

A number of other large investors also recently made changes to their positions in the business. Truist Financial Corp increased its holdings in iShares MSCI EAFE ETF by 4.2% in the 4th quarter. Truist Financial Corp now owns 3,372,742 shares of the exchange traded fund’s stock valued at $255,013,000 after purchasing an additional 134,539 shares in the last quarter. CIBC Asset Management Inc grew its stake in shares of iShares MSCI EAFE ETF by 7.3% during the fourth quarter. CIBC Asset Management Inc now owns 3,081,835 shares of the exchange traded fund’s stock valued at $233,018,000 after acquiring an additional 209,174 shares in the last quarter. Toronto Dominion Bank grew its stake in shares of iShares MSCI EAFE ETF by 65.7% during the third quarter. Toronto Dominion Bank now owns 2,240,907 shares of the exchange traded fund’s stock valued at $187,407,000 after acquiring an additional 888,764 shares in the last quarter. Cerity Partners LLC grew its stake in shares of iShares MSCI EAFE ETF by 6.4% during the third quarter. Cerity Partners LLC now owns 1,480,164 shares of the exchange traded fund’s stock valued at $122,735,000 after acquiring an additional 88,868 shares in the last quarter. Finally, Arvest Bank Trust Division acquired a new stake in shares of iShares MSCI EAFE ETF during the third quarter valued at about $119,220,000. Hedge funds and other institutional investors own 79.80% of the company’s stock.

iShares MSCI EAFE ETF Stock Performance

Shares of EFA stock opened at $82.48 on Tuesday. iShares MSCI EAFE ETF has a one year low of $73.91 and a one year high of $84.56. The company’s 50-day simple moving average is $78.67 and its 200-day simple moving average is $79.76. The stock has a market capitalization of $57.95 billion, a price-to-earnings ratio of 17.57 and a beta of 0.87.

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.