Bank of Nova Scotia Raises Holdings in iShares MSCI EAFE ETF $EFA

Bank of Nova Scotia increased its position in iShares MSCI EAFE ETF (NYSEARCA:EFA) by 161.4% in the 1st quarter, according to its most recent filing with the SEC. The fund owned 1,618,956 shares of the exchange traded fund’s stock after purchasing an additional 999,705 shares during the period. Bank of Nova Scotia owned 0.22% of iShares MSCI EAFE ETF worth $157,250,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in EFA. Gibbs Wealth Management acquired a new stake in shares of iShares MSCI EAFE ETF in the first quarter valued at approximately $247,000. Alamar Capital Management LLC acquired a new position in shares of iShares MSCI EAFE ETF in the 1st quarter valued at $10,228,000. Ascension Capital Advisors Inc. acquired a new position in shares of iShares MSCI EAFE ETF in the 1st quarter valued at $314,000. Mizuho Markets Cayman LP purchased a new stake in iShares MSCI EAFE ETF in the 1st quarter valued at $590,000. Finally, First Trust Advisors LP boosted its stake in iShares MSCI EAFE ETF by 7.3% during the 1st quarter. First Trust Advisors LP now owns 6,980 shares of the exchange traded fund’s stock worth $678,000 after purchasing an additional 473 shares during the period. 79.80% of the stock is owned by institutional investors and hedge funds.

iShares MSCI EAFE ETF Price Performance

Shares of NYSEARCA:EFA opened at $102.90 on Friday. The firm has a fifty day moving average price of $103.77 and a 200 day moving average price of $101.80. iShares MSCI EAFE ETF has a 1-year low of $86.74 and a 1-year high of $105.94. The stock has a market cap of $76.06 billion, a P/E ratio of 16.48 and a beta of 0.78.

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.