Corundum Group Inc. grew its position in iShares MSCI EAFE ETF (NYSEARCA:EFA – Free Report) by 21.0% in the fourth quarter, HoldingsChannel.com reports. The firm owned 155,518 shares of the exchange traded fund’s stock after acquiring an additional 26,967 shares during the period. iShares MSCI EAFE ETF accounts for approximately 5.0% of Corundum Group Inc.’s investment portfolio, making the stock its 4th biggest holding. Corundum Group Inc.’s holdings in iShares MSCI EAFE ETF were worth $14,934,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. Brighton Jones LLC raised its holdings in iShares MSCI EAFE ETF by 5.3% during the fourth quarter. Brighton Jones LLC now owns 236,460 shares of the exchange traded fund’s stock valued at $17,879,000 after acquiring an additional 11,902 shares during the period. Revolve Wealth Partners LLC bought a new position in shares of iShares MSCI EAFE ETF in the fourth quarter worth about $629,000. Legal & General Group Plc boosted its stake in shares of iShares MSCI EAFE ETF by 164.8% in the second quarter. Legal & General Group Plc now owns 126,200 shares of the exchange traded fund’s stock worth $11,283,000 after acquiring an additional 78,550 shares during the period. Jefferies Financial Group Inc. grew its position in shares of iShares MSCI EAFE ETF by 54.4% during the second quarter. Jefferies Financial Group Inc. now owns 13,140 shares of the exchange traded fund’s stock worth $1,175,000 after purchasing an additional 4,627 shares in the last quarter. Finally, XTX Topco Ltd grew its position in shares of iShares MSCI EAFE ETF by 82.2% during the second quarter. XTX Topco Ltd now owns 34,376 shares of the exchange traded fund’s stock worth $3,073,000 after purchasing an additional 15,508 shares in the last quarter. 79.80% of the stock is owned by hedge funds and other institutional investors.
iShares MSCI EAFE ETF Stock Performance
EFA stock opened at $96.66 on Thursday. iShares MSCI EAFE ETF has a one year low of $72.14 and a one year high of $105.94. The company’s fifty day moving average price is $100.83 and its 200-day moving average price is $96.96. The company has a market capitalization of $71.34 billion, a PE 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.
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