Sun Life Financial INC Increases Stake in iShares MSCI EAFE ETF (EFA)
Sun Life Financial INC boosted its stake in iShares MSCI EAFE ETF (NYSEARCA:EFA) by 733.1% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 617,592 shares of the exchange traded fund’s stock after purchasing an additional 543,463 shares during the quarter. iShares MSCI EAFE ETF comprises about 5.9% of Sun Life Financial INC’s investment portfolio, making the stock its 5th largest holding. Sun Life Financial INC owned about 0.06% of iShares MSCI EAFE ETF worth $41,360,000 as of its most recent filing with the Securities and Exchange Commission.
Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Bay Colony Advisory Group Inc d b a Bay Colony Advisors acquired a new position in shares of iShares MSCI EAFE ETF during the second quarter worth about $113,000. Silvant Capital Management LLC acquired a new position in shares of iShares MSCI EAFE ETF during the first quarter worth about $135,000. Pin Oak Investment Advisors Inc. boosted its position in iShares MSCI EAFE ETF by 1,732.7% during the first quarter. Pin Oak Investment Advisors Inc. now owns 2,749 shares of the exchange traded fund’s stock valued at $192,000 after purchasing an additional 2,599 shares during the last quarter. Smart Portfolios LLC acquired a new position in iShares MSCI EAFE ETF during the first quarter valued at approximately $202,000. Finally, ClariVest Asset Management LLC acquired a new position in iShares MSCI EAFE ETF during the first quarter valued at approximately $202,000.
NYSEARCA EFA traded up $0.10 during trading hours on Friday, hitting $66.76. 20,127,488 shares of the company traded hands, compared to its average volume of 25,062,629. iShares MSCI EAFE ETF has a twelve month low of $65.15 and a twelve month high of $75.27.
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.
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