Level Four Advisory Services LLC Acquires 138,742 Shares of iShares MSCI EAFE ETF (NYSEARCA:EFA)

Level Four Advisory Services LLC increased its position in iShares MSCI EAFE ETF (NYSEARCA:EFA) by 222.3% during the 4th quarter, Holdings Channel.com reports. The firm owned 201,166 shares of the exchange traded fund’s stock after purchasing an additional 138,742 shares during the period. iShares MSCI EAFE ETF comprises 0.6% of Level Four Advisory Services LLC’s investment portfolio, making the stock its 25th largest position. Level Four Advisory Services LLC’s holdings in iShares MSCI EAFE ETF were worth $15,210,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in EFA. JPMorgan Chase & Co. lifted its position in shares of iShares MSCI EAFE ETF by 7.1% in the fourth quarter. JPMorgan Chase & Co. now owns 22,067,950 shares of the exchange traded fund’s stock valued at $1,668,558,000 after acquiring an additional 1,463,799 shares in the last quarter. Raymond James Financial Inc. purchased a new stake in shares of iShares MSCI EAFE ETF during the 4th quarter worth approximately $258,750,000. Truist Financial Corp boosted its stake in shares of iShares MSCI EAFE ETF by 4.2% during the fourth quarter. Truist Financial Corp now owns 3,372,742 shares of the exchange traded fund’s stock valued at $255,013,000 after acquiring an additional 134,539 shares during the last quarter. Natixis Advisors LLC raised its stake in iShares MSCI EAFE ETF by 124.5% during the fourth quarter. Natixis Advisors LLC now owns 3,370,059 shares of the exchange traded fund’s stock worth $254,810,000 after purchasing an additional 1,868,602 shares during the period. Finally, CIBC Asset Management Inc increased its holdings in iShares MSCI EAFE ETF by 7.3% in the 4th quarter. CIBC Asset Management Inc now owns 3,081,835 shares of the exchange traded fund’s stock valued at $233,018,000 after purchasing an additional 209,174 shares in the last quarter. Hedge funds and other institutional investors own 79.80% of the company’s stock.

iShares MSCI EAFE ETF Stock Up 0.2 %

EFA opened at $83.20 on Friday. iShares MSCI EAFE ETF has a fifty-two week low of $73.91 and a fifty-two week high of $85.19. The firm has a market cap of $58.46 billion, a price-to-earnings ratio of 17.21 and a beta of 0.86. The company’s 50-day moving average price is $81.46 and its 200 day moving average price is $80.00.

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.