Brown Brothers Harriman & Co. Cuts Position in iShares MSCI EAFE ETF $EFA

Brown Brothers Harriman & Co. lowered its position in iShares MSCI EAFE ETF (NYSEARCA:EFA) by 2.6% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 236,114 shares of the exchange traded fund’s stock after selling 6,256 shares during the quarter. Brown Brothers Harriman & Co.’s holdings in iShares MSCI EAFE ETF were worth $22,046,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of EFA. Causeway Capital Management LLC lifted its position 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 last quarter. Laurel Wealth Advisors LLC boosted its position in shares of 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 worth $294,185,000 after acquiring an additional 3,254,128 shares in the last quarter. State Board of Administration of Florida Retirement System acquired a new stake in shares of iShares MSCI EAFE ETF during the 2nd quarter worth about $209,353,000. Bessemer Group Inc. lifted its stake in 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 boosted its holdings in iShares MSCI EAFE ETF by 50.7% in the second quarter. Corient Private Wealth LLC now owns 5,768,279 shares of the exchange traded fund’s stock valued at $504,181,000 after purchasing an additional 1,939,941 shares in the last quarter. 79.80% of the stock is owned by hedge funds and other institutional investors.

iShares MSCI EAFE ETF Trading Down 1.2%

Shares of iShares MSCI EAFE ETF stock opened at $96.30 on Friday. The company has a fifty day simple moving average of $101.19 and a 200-day simple moving average of $96.64. iShares MSCI EAFE ETF has a 12-month low of $72.14 and a 12-month high of $105.94. The stock has a market cap of $71.07 billion, a price-to-earnings 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.