Washington Trust Bank Grows Position in iShares MSCI EAFE ETF $EFA

Washington Trust Bank increased its position in shares of iShares MSCI EAFE ETF (NYSEARCA:EFA) by 25.6% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 37,982 shares of the exchange traded fund’s stock after buying an additional 7,743 shares during the quarter. Washington Trust Bank’s holdings in iShares MSCI EAFE ETF were worth $3,647,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also recently added to or reduced their stakes in EFA. Causeway Capital Management LLC grew its stake 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 worth $463,084,000 after buying an additional 4,952,603 shares during the last quarter. Bessemer Group Inc. grew its stake in iShares MSCI EAFE ETF by 87.0% during the 3rd quarter. Bessemer Group Inc. now owns 4,430,239 shares of the exchange traded fund’s stock worth $413,652,000 after buying an additional 2,061,536 shares during the last quarter. SG Americas Securities LLC grew its stake in iShares MSCI EAFE ETF by 321.9% during the 4th quarter. SG Americas Securities LLC now owns 1,603,139 shares of the exchange traded fund’s stock worth $153,949,000 after buying an additional 1,223,126 shares during the last quarter. Natixis Advisors LLC grew its stake in iShares MSCI EAFE ETF by 68.6% during the 3rd quarter. Natixis Advisors LLC now owns 2,341,777 shares of the exchange traded fund’s stock worth $218,652,000 after buying an additional 952,877 shares during the last quarter. Finally, Ameriprise Financial Inc. grew its stake in iShares MSCI EAFE ETF by 31.5% during the 3rd quarter. Ameriprise Financial Inc. now owns 3,382,323 shares of the exchange traded fund’s stock worth $315,708,000 after buying an additional 809,972 shares during the last quarter. Hedge funds and other institutional investors own 79.80% of the company’s stock.

iShares MSCI EAFE ETF Trading Down 0.2%

Shares of EFA stock opened at $103.74 on Tuesday. The company has a market capitalization of $76.56 billion, a P/E ratio of 16.48 and a beta of 0.78. The business’s 50 day moving average is $99.93 and its two-hundred day moving average is $98.58. iShares MSCI EAFE ETF has a twelve month low of $85.65 and a twelve month high of $105.94.

iShares MSCI EAFE ETF 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.