Northwestern Mutual Wealth Management Co. Purchases 8,846,240 Shares of iShares MSCI EAFE ETF $EFA

Northwestern Mutual Wealth Management Co. grew its position in shares of iShares MSCI EAFE ETF (NYSEARCA:EFA) by 359.5% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 11,306,948 shares of the exchange traded fund’s stock after buying an additional 8,846,240 shares during the quarter. iShares MSCI EAFE ETF makes up about 0.5% of Northwestern Mutual Wealth Management Co.’s investment portfolio, making the stock its 26th biggest position. Northwestern Mutual Wealth Management Co.’s holdings in iShares MSCI EAFE ETF were worth $1,085,806,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of EFA. Horizon Investments LLC grew its position in iShares MSCI EAFE ETF by 2,520.0% during the 4th quarter. Horizon Investments LLC now owns 262 shares of the exchange traded fund’s stock worth $25,000 after acquiring an additional 252 shares during the last quarter. MMA Asset Management LLC bought a new stake in shares of iShares MSCI EAFE ETF during the third quarter worth $34,000. GoalVest Advisory LLC increased its stake in shares of iShares MSCI EAFE ETF by 106.4% in the fourth quarter. GoalVest Advisory LLC now owns 388 shares of the exchange traded fund’s stock valued at $37,000 after buying an additional 200 shares in the last quarter. Versant Capital Management Inc bought a new position in shares of iShares MSCI EAFE ETF in the third quarter valued at about $37,000. Finally, Toth Financial Advisory Corp bought a new position in shares of iShares MSCI EAFE ETF in the fourth quarter valued at about $41,000. Institutional investors own 79.80% of the company’s stock.

iShares MSCI EAFE ETF Stock Down 1.7%

Shares of NYSEARCA:EFA opened at $101.72 on Friday. The firm has a market cap of $75.07 billion, a P/E ratio of 16.48 and a beta of 0.78. iShares MSCI EAFE ETF has a 12 month low of $85.68 and a 12 month high of $105.94. The company’s 50-day moving average price is $99.97 and its two-hundred day moving average price is $98.79.

iShares MSCI EAFE ETF Company 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.