iShares MSCI EAFE ETF $EFA Shares Sold by Principal Financial Group Inc.

Principal Financial Group Inc. reduced its position in shares of iShares MSCI EAFE ETF (NYSEARCA:EFA) by 1.4% in the first quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 546,266 shares of the exchange traded fund’s stock after selling 7,900 shares during the quarter. Principal Financial Group Inc. owned about 0.07% of iShares MSCI EAFE ETF worth $53,059,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. Brighton Jones LLC lifted its holdings 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 last quarter. Revolve Wealth Partners LLC acquired a new position in shares of iShares MSCI EAFE ETF in the 4th quarter worth approximately $629,000. First Trust Advisors LP raised its holdings in shares of iShares MSCI EAFE ETF by 13.4% in the 2nd quarter. First Trust Advisors LP now owns 3,190 shares of the exchange traded fund’s stock worth $285,000 after purchasing an additional 377 shares in the last quarter. NewEdge Advisors LLC raised its holdings in shares of iShares MSCI EAFE ETF by 21.5% in the 2nd quarter. NewEdge Advisors LLC now owns 115,897 shares of the exchange traded fund’s stock worth $10,360,000 after purchasing an additional 20,528 shares in the last quarter. Finally, Sei Investments Co. lifted its stake 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 during the last quarter. 79.80% of the stock is currently owned by institutional investors and hedge funds.

iShares MSCI EAFE ETF Stock Performance

Shares of NYSEARCA:EFA opened at $103.33 on Friday. The stock has a market capitalization of $76.51 billion, a price-to-earnings ratio of 16.48 and a beta of 0.78. iShares MSCI EAFE ETF has a 1-year low of $86.74 and a 1-year high of $105.94. The company has a 50 day moving average price of $103.78 and a 200 day moving average price of $101.57.

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.