Sowell Financial Services LLC Has $3.14 Million Position in iShares MSCI EAFE ETF (NYSEARCA:EFA)

Sowell Financial Services LLC boosted its stake in shares of iShares MSCI EAFE ETF (NYSEARCA:EFA) by 22.3% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 41,472 shares of the exchange traded fund’s stock after buying an additional 7,563 shares during the quarter. Sowell Financial Services LLC’s holdings in iShares MSCI EAFE ETF were worth $3,136,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in EFA. Raymond James Financial Inc. acquired a new position in shares of iShares MSCI EAFE ETF in the 4th quarter valued at about $258,750,000. Arvest Bank Trust Division acquired a new position in shares of iShares MSCI EAFE ETF in the 3rd quarter valued at about $119,220,000. WCM Investment Management LLC lifted its stake in shares of iShares MSCI EAFE ETF by 5,144.9% in the 4th quarter. WCM Investment Management LLC now owns 1,150,986 shares of the exchange traded fund’s stock valued at $87,026,000 after purchasing an additional 1,129,041 shares during the period. Toronto Dominion Bank lifted its stake in shares of iShares MSCI EAFE ETF by 65.7% in the 3rd quarter. Toronto Dominion Bank now owns 2,240,907 shares of the exchange traded fund’s stock valued at $187,407,000 after purchasing an additional 888,764 shares during the period. Finally, DRW Securities LLC lifted its stake in shares of iShares MSCI EAFE ETF by 471.5% in the 3rd quarter. DRW Securities LLC now owns 915,832 shares of the exchange traded fund’s stock valued at $76,591,000 after purchasing an additional 755,574 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 $84.43 on Monday. The company has a market capitalization of $59.32 billion, a price-to-earnings ratio of 17.57 and a beta of 0.87. The business’s 50-day moving average is $79.29 and its 200-day moving average is $79.83. iShares MSCI EAFE ETF has a 1 year low of $73.91 and a 1 year high of $84.57.

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.