Raymond James Financial Inc. Makes New Investment in iShares MSCI EAFE ETF (NYSEARCA:EFA)

Raymond James Financial Inc. purchased a new stake in iShares MSCI EAFE ETF (NYSEARCA:EFA) during the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 3,422,165 shares of the exchange traded fund’s stock, valued at approximately $258,750,000. Raymond James Financial Inc. owned about 0.49% of iShares MSCI EAFE ETF as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of the business. Arvest Bank Trust Division acquired a new position in iShares MSCI EAFE ETF during the 3rd quarter worth about $119,220,000. WCM Investment Management LLC grew its position in iShares MSCI EAFE ETF by 5,144.9% in the 4th quarter. WCM Investment Management LLC now owns 1,150,986 shares of the exchange traded fund’s stock valued at $87,026,000 after acquiring an additional 1,129,041 shares in the last quarter. Toronto Dominion Bank increased its stake in 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 worth $187,407,000 after purchasing an additional 888,764 shares during the period. DRW Securities LLC lifted its position in shares of iShares MSCI EAFE ETF by 471.5% during the third quarter. DRW Securities LLC now owns 915,832 shares of the exchange traded fund’s stock worth $76,591,000 after purchasing an additional 755,574 shares in the last quarter. Finally, Greenfield FTC Inc. boosted its stake in shares of iShares MSCI EAFE ETF by 207.7% in the fourth quarter. Greenfield FTC Inc. now owns 893,758 shares of the exchange traded fund’s stock valued at $67,577,000 after purchasing an additional 603,330 shares during the period. 79.80% of the stock is currently owned by hedge funds and other institutional investors.

iShares MSCI EAFE ETF Stock Performance

Shares of EFA stock opened at $83.56 on Friday. iShares MSCI EAFE ETF has a fifty-two week low of $73.91 and a fifty-two week high of $84.57. The company has a 50 day moving average price of $79.12 and a 200 day moving average price of $79.83. The stock has a market capitalization of $58.71 billion, a P/E ratio of 17.57 and a beta of 0.87.

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.