Royal Fund Management LLC Acquires 66,746 Shares of iShares MSCI EAFE ETF $EFA

Royal Fund Management LLC grew its holdings in iShares MSCI EAFE ETF (NYSEARCA:EFA) by 45.1% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 214,639 shares of the exchange traded fund’s stock after buying an additional 66,746 shares during the quarter. iShares MSCI EAFE ETF accounts for 2.0% of Royal Fund Management LLC’s investment portfolio, making the stock its 4th largest position. Royal Fund Management LLC’s holdings in iShares MSCI EAFE ETF were worth $20,848,000 as of its most recent SEC filing.

Several other large investors have also made changes to their positions in EFA. Brighton Jones LLC grew its stake in iShares MSCI EAFE ETF by 5.3% in the 4th quarter. Brighton Jones LLC now owns 236,460 shares of the exchange traded fund’s stock valued at $17,879,000 after acquiring an additional 11,902 shares during the period. Revolve Wealth Partners LLC acquired a new position in iShares MSCI EAFE ETF during the fourth quarter worth $629,000. First Trust Advisors LP raised its position in iShares MSCI EAFE ETF by 13.4% during the second 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 lifted its holdings in iShares MSCI EAFE ETF by 21.5% during the second quarter. NewEdge Advisors LLC now owns 115,897 shares of the exchange traded fund’s stock valued at $10,360,000 after purchasing an additional 20,528 shares in the last quarter. Finally, Sei Investments Co. lifted its holdings in iShares MSCI EAFE ETF by 6.1% during the second quarter. Sei Investments Co. now owns 75,960 shares of the exchange traded fund’s stock valued at $6,790,000 after purchasing 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 Stock Down 0.5%

Shares of NYSEARCA EFA opened at $103.37 on Thursday. The company’s 50-day simple moving average is $103.86 and its 200-day simple moving average is $101.96. iShares MSCI EAFE ETF has a 52-week low of $86.74 and a 52-week high of $105.94. The firm has a market cap of $76.41 billion, a price-to-earnings ratio of 16.48 and a beta of 0.78.

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.