Glenmede Investment Management LP Raises Stock Position in iShares MSCI EAFE ETF $EFA

Glenmede Investment Management LP lifted its position in shares of iShares MSCI EAFE ETF (NYSEARCA:EFA) by 0.9% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 899,954 shares of the exchange traded fund’s stock after acquiring an additional 8,347 shares during the quarter. Glenmede Investment Management LP owned 0.12% of iShares MSCI EAFE ETF worth $84,029,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of EFA. Pineridge Advisors LLC purchased a new position in iShares MSCI EAFE ETF in the 2nd quarter valued at approximately $25,000. MMA Asset Management LLC purchased a new stake in iShares MSCI EAFE ETF during the third quarter worth $34,000. Pflug Koory LLC grew its holdings in iShares MSCI EAFE ETF by 65.9% in the third quarter. Pflug Koory LLC now owns 375 shares of the exchange traded fund’s stock valued at $35,000 after purchasing an additional 149 shares during the last quarter. Versant Capital Management Inc acquired a new stake in iShares MSCI EAFE ETF in the third quarter valued at $37,000. Finally, Angeles Investment Advisors LLC purchased a new position in shares of iShares MSCI EAFE ETF in the second quarter valued at $39,000. Institutional investors and hedge funds own 79.80% of the company’s stock.

iShares MSCI EAFE ETF Stock Down 1.2%

NYSEARCA:EFA opened at $96.30 on Friday. The company has a market capitalization of $71.07 billion, a PE ratio of 16.48 and a beta of 0.84. iShares MSCI EAFE ETF has a 52-week low of $72.14 and a 52-week high of $105.94. The stock has a fifty day simple moving average of $101.19 and a 200-day simple moving average of $96.64.

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.