Absolute Gestao de Investimentos Ltda. Buys 248,860 Shares of iShares MSCI EAFE ETF $EFA

Absolute Gestao de Investimentos Ltda. raised its stake in iShares MSCI EAFE ETF (NYSEARCA:EFA) by 31.5% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,040,000 shares of the exchange traded fund’s stock after acquiring an additional 248,860 shares during the quarter. iShares MSCI EAFE ETF comprises approximately 11.5% of Absolute Gestao de Investimentos Ltda.’s investment portfolio, making the stock its 2nd biggest holding. Absolute Gestao de Investimentos Ltda. owned approximately 0.14% of iShares MSCI EAFE ETF worth $101,015,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Bradley Foster & Sargent Inc. CT grew its position in shares of iShares MSCI EAFE ETF by 32.3% in the 1st quarter. Bradley Foster & Sargent Inc. CT now owns 175,958 shares of the exchange traded fund’s stock valued at $17,091,000 after purchasing an additional 42,993 shares during the period. Marquette Associates Inc. raised its holdings in iShares MSCI EAFE ETF by 55.6% during the 1st quarter. Marquette Associates Inc. now owns 1,209 shares of the exchange traded fund’s stock worth $117,000 after buying an additional 432 shares during the period. Matrix Private Capital Group LLC acquired a new stake in iShares MSCI EAFE ETF during the 1st quarter worth approximately $2,812,000. Waverly Advisors LLC lifted its stake in iShares MSCI EAFE ETF by 5.9% in the first quarter. Waverly Advisors LLC now owns 298,779 shares of the exchange traded fund’s stock valued at $29,020,000 after buying an additional 16,757 shares in the last quarter. Finally, Cumberland Partners Ltd lifted its stake in iShares MSCI EAFE ETF by 14.3% in the first quarter. Cumberland Partners Ltd now owns 28,467 shares of the exchange traded fund’s stock valued at $2,765,000 after buying an additional 3,567 shares in the last quarter. 79.80% of the stock is owned by institutional investors.

iShares MSCI EAFE ETF Stock Up 0.5%

iShares MSCI EAFE ETF stock opened at $103.41 on Friday. The company has a 50 day moving average of $103.80 and a 200-day moving average of $101.82. iShares MSCI EAFE ETF has a twelve month low of $86.74 and a twelve month high of $105.94. The stock has a market capitalization of $76.44 billion, a PE 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.