Hsbc Holdings PLC Reduces Stock Position in iShares MSCI EAFE ETF $EFA

Hsbc Holdings PLC reduced its stake in iShares MSCI EAFE ETF (NYSEARCA:EFA) by 79.0% in the fourth quarter, Holdings Channel.com reports. The fund owned 363,989 shares of the exchange traded fund’s stock after selling 1,367,307 shares during the period. Hsbc Holdings PLC’s holdings in iShares MSCI EAFE ETF were worth $34,928,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds also recently made changes to their positions in EFA. Northwestern Mutual Wealth Management Co. lifted its holdings in iShares MSCI EAFE ETF by 359.5% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 11,306,948 shares of the exchange traded fund’s stock worth $1,085,806,000 after purchasing an additional 8,846,240 shares in the last quarter. Causeway Capital Management LLC grew its holdings in 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 valued at $463,084,000 after buying an additional 4,952,603 shares in the last quarter. Morgan Stanley grew its holdings in iShares MSCI EAFE ETF by 15.5% during the 4th quarter. Morgan Stanley now owns 31,617,599 shares of the exchange traded fund’s stock valued at $3,036,238,000 after buying an additional 4,244,605 shares in the last quarter. Bank of America Corp DE increased its position in shares of iShares MSCI EAFE ETF by 9.5% during the fourth quarter. Bank of America Corp DE now owns 40,215,965 shares of the exchange traded fund’s stock valued at $3,861,939,000 after buying an additional 3,481,849 shares during the period. Finally, Valpey Financial Services LLC increased its position in shares of iShares MSCI EAFE ETF by 9,468.5% during the fourth quarter. Valpey Financial Services LLC now owns 2,091,588 shares of the exchange traded fund’s stock valued at $200,855,000 after buying an additional 2,069,729 shares during the period. 79.80% of the stock is currently owned by hedge funds and other institutional investors.

iShares MSCI EAFE ETF Trading Down 2.0%

Shares of iShares MSCI EAFE ETF stock opened at $102.46 on Wednesday. iShares MSCI EAFE ETF has a 12-month low of $86.74 and a 12-month high of $105.94. The company has a market cap of $75.62 billion, a price-to-earnings ratio of 16.48 and a beta of 0.78. The company’s 50-day moving average price is $103.35 and its 200-day moving average price is $100.61.

iShares MSCI EAFE ETF Company Profile

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.