Anchor Capital Management Group Inc Makes New Investment in iShares MSCI EAFE ETF (NYSEARCA:EFA)

Anchor Capital Management Group Inc bought a new position in iShares MSCI EAFE ETF (NYSEARCA:EFA) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm bought 200,000 shares of the exchange traded fund’s stock, valued at approximately $15,122,000. iShares MSCI EAFE ETF accounts for 5.5% of Anchor Capital Management Group Inc’s portfolio, making the stock its 3rd largest position.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Noble Wealth Management PBC purchased a new position in iShares MSCI EAFE ETF in the fourth quarter worth $1,353,000. Empowered Funds LLC purchased a new position in shares of iShares MSCI EAFE ETF in the 4th quarter valued at about $79,000. Proficio Capital Partners LLC acquired a new stake in shares of iShares MSCI EAFE ETF in the fourth quarter valued at about $972,000. Baron Financial Group LLC boosted its holdings in iShares MSCI EAFE ETF by 3.7% during the fourth quarter. Baron Financial Group LLC now owns 75,556 shares of the exchange traded fund’s stock worth $5,713,000 after buying an additional 2,681 shares in the last quarter. Finally, Clientfirst Wealth Management LLC purchased a new stake in iShares MSCI EAFE ETF during the fourth quarter worth about $397,000. Hedge funds and other institutional investors own 79.80% of the company’s stock.

iShares MSCI EAFE ETF Trading Down 6.6 %

Shares of iShares MSCI EAFE ETF stock opened at $75.02 on Friday. The company has a 50-day moving average of $81.77 and a two-hundred day moving average of $79.98. iShares MSCI EAFE ETF has a 12-month low of $73.91 and a 12-month high of $85.19. The stock has a market cap of $52.71 billion, a PE ratio of 16.88 and a beta of 0.81.

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.