Mackenzie Financial Corp Reduces Holdings in iShares MSCI EAFE ETF $EFA

Mackenzie Financial Corp reduced its position in shares of iShares MSCI EAFE ETF (NYSEARCA:EFA) by 4.1% during the 3rd quarter, Holdings Channel.com reports. The firm owned 2,146,831 shares of the exchange traded fund’s stock after selling 91,286 shares during the quarter. Mackenzie Financial Corp’s holdings in iShares MSCI EAFE ETF were worth $200,450,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently modified their holdings of the company. Causeway Capital Management LLC grew its holdings in shares of iShares MSCI EAFE ETF by 70,110.5% during the 3rd quarter. Causeway Capital Management LLC now owns 4,959,667 shares of the exchange traded fund’s stock worth $463,084,000 after purchasing an additional 4,952,603 shares during the period. Laurel Wealth Advisors LLC grew its stake in iShares MSCI EAFE ETF by 8,818.3% during the 2nd quarter. Laurel Wealth Advisors LLC now owns 3,291,030 shares of the exchange traded fund’s stock valued at $294,185,000 after purchasing an additional 3,254,128 shares in the last quarter. State Board of Administration of Florida Retirement System bought a new stake in shares of iShares MSCI EAFE ETF in the second quarter worth $209,353,000. Bessemer Group Inc. lifted its position in shares of iShares MSCI EAFE ETF by 87.0% during the third quarter. Bessemer Group Inc. now owns 4,430,239 shares of the exchange traded fund’s stock worth $413,652,000 after purchasing an additional 2,061,536 shares during the last quarter. Finally, Corient Private Wealth LLC grew its position in shares of iShares MSCI EAFE ETF by 50.7% in the 2nd quarter. Corient Private Wealth LLC now owns 5,768,279 shares of the exchange traded fund’s stock worth $504,181,000 after acquiring an additional 1,939,941 shares in the last quarter. Institutional investors and hedge funds own 79.80% of the company’s stock.

iShares MSCI EAFE ETF Stock Performance

NYSEARCA EFA opened at $99.22 on Wednesday. The company has a 50-day simple moving average of $101.11 and a 200-day simple moving average of $96.59. iShares MSCI EAFE ETF has a one year low of $72.14 and a one year high of $105.94. The firm has a market capitalization of $73.22 billion, a PE ratio of 16.48 and a beta of 0.84.

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. 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.