CIBC Bancorp USA Inc. Invests $19.30 Million in iShares MSCI EAFE ETF $EFA

CIBC Bancorp USA Inc. acquired a new position in shares of iShares MSCI EAFE ETF (NYSEARCA:EFA) in the third quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 206,663 shares of the exchange traded fund’s stock, valued at approximately $19,296,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. MMA Asset Management LLC acquired a new position in iShares MSCI EAFE ETF in the third quarter valued at about $34,000. Pflug Koory LLC increased its position in shares of iShares MSCI EAFE ETF by 65.9% during the third quarter. Pflug Koory LLC now owns 375 shares of the exchange traded fund’s stock valued at $35,000 after acquiring an additional 149 shares during the last quarter. Versant Capital Management Inc purchased a new stake in shares of iShares MSCI EAFE ETF in the 3rd quarter valued at approximately $37,000. WFA of San Diego LLC purchased a new stake in shares of iShares MSCI EAFE ETF in the 2nd quarter valued at approximately $48,000. Finally, Twin Peaks Wealth Advisors LLC acquired a new position in shares of iShares MSCI EAFE ETF in the 2nd quarter worth approximately $49,000. 79.80% of the stock is currently owned by hedge funds and other institutional investors.

iShares MSCI EAFE ETF Stock Performance

NYSEARCA:EFA opened at $96.52 on Friday. The stock has a market capitalization of $71.23 billion, a P/E ratio of 16.48 and a beta of 0.84. The company has a 50 day moving average price of $101.13 and a 200 day moving average price of $96.80. iShares MSCI EAFE ETF has a fifty-two week low of $72.14 and a fifty-two week 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.