Cannon Financial Strategists Inc. Invests $461,000 in iShares MSCI EAFE ETF (NYSEARCA:EFA)

Cannon Financial Strategists Inc. purchased a new position in shares of iShares MSCI EAFE ETF (NYSEARCA:EFA) during the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 5,889 shares of the exchange traded fund’s stock, valued at approximately $461,000.

Several other institutional investors and hedge funds have also added to or reduced their stakes in EFA. JPMorgan Chase & Co. lifted its position in iShares MSCI EAFE ETF by 17.6% during the 1st quarter. JPMorgan Chase & Co. now owns 27,440,338 shares of the exchange traded fund’s stock worth $2,191,386,000 after buying an additional 4,116,234 shares in the last quarter. Envestnet Asset Management Inc. lifted its position in iShares MSCI EAFE ETF by 33.1% during the 2nd quarter. Envestnet Asset Management Inc. now owns 8,765,455 shares of the exchange traded fund’s stock worth $686,598,000 after buying an additional 2,179,857 shares in the last quarter. Natixis Advisors LLC lifted its position in iShares MSCI EAFE ETF by 764.7% during the 2nd quarter. Natixis Advisors LLC now owns 1,935,011 shares of the exchange traded fund’s stock worth $151,569,000 after buying an additional 1,711,236 shares in the last quarter. TD Asset Management Inc lifted its position in iShares MSCI EAFE ETF by 31.0% during the 2nd quarter. TD Asset Management Inc now owns 5,825,155 shares of the exchange traded fund’s stock valued at $456,284,000 after purchasing an additional 1,377,019 shares during the period. Finally, Capital International Investors lifted its position in iShares MSCI EAFE ETF by 134.9% during the 4th quarter. Capital International Investors now owns 1,911,162 shares of the exchange traded fund’s stock valued at $143,853,000 after purchasing an additional 1,097,655 shares during the period. Institutional investors and hedge funds own 79.80% of the company’s stock.

iShares MSCI EAFE ETF Stock Performance

iShares MSCI EAFE ETF stock opened at $83.00 on Wednesday. iShares MSCI EAFE ETF has a 1 year low of $65.68 and a 1 year high of $84.56. The company’s 50-day moving average is $80.68 and its two-hundred day moving average is $79.87.

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.