1ST Source Bank Has $48.69 Million Stock Holdings in iShares MSCI EAFE ETF $EFA

1ST Source Bank boosted its stake in shares of iShares MSCI EAFE ETF (NYSEARCA:EFA) by 7.8% during the 1st quarter, Holdings Channel reports. The institutional investor owned 501,245 shares of the exchange traded fund’s stock after buying an additional 36,095 shares during the quarter. iShares MSCI EAFE ETF comprises approximately 2.5% of 1ST Source Bank’s investment portfolio, making the stock its 7th largest holding. 1ST Source Bank’s holdings in iShares MSCI EAFE ETF were worth $48,686,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of EFA. Brighton Jones LLC lifted its holdings in iShares MSCI EAFE ETF by 5.3% in the fourth quarter. Brighton Jones LLC now owns 236,460 shares of the exchange traded fund’s stock valued at $17,879,000 after buying an additional 11,902 shares during the period. Revolve Wealth Partners LLC acquired a new stake in iShares MSCI EAFE ETF during the 4th quarter worth about $629,000. First Trust Advisors LP grew its holdings in iShares MSCI EAFE ETF by 13.4% during the 2nd quarter. First Trust Advisors LP now owns 3,190 shares of the exchange traded fund’s stock worth $285,000 after acquiring an additional 377 shares during the period. NewEdge Advisors LLC grew its holdings in iShares MSCI EAFE ETF by 21.5% during the 2nd quarter. NewEdge Advisors LLC now owns 115,897 shares of the exchange traded fund’s stock worth $10,360,000 after acquiring an additional 20,528 shares during the period. Finally, Sei Investments Co. raised its position in shares of iShares MSCI EAFE ETF by 6.1% in the 2nd quarter. Sei Investments Co. now owns 75,960 shares of the exchange traded fund’s stock worth $6,790,000 after acquiring an additional 4,348 shares in the last quarter. 79.80% of the stock is owned by institutional investors and hedge funds.

iShares MSCI EAFE ETF Price Performance

Shares of NYSEARCA:EFA opened at $103.96 on Wednesday. The company has a market capitalization of $76.97 billion, a price-to-earnings ratio of 16.48 and a beta of 0.78. The business’s 50-day moving average is $103.77 and its 200-day moving average is $101.45. iShares MSCI EAFE ETF has a 1 year low of $86.74 and a 1 year 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.