Midwest Trust Co Acquires 212,897 Shares of iShares MSCI EAFE ETF

Midwest Trust Co has significantly expanded its investment portfolio by acquiring **212,897 shares** of the iShares MSCI EAFE ETF (NYSEARCA:EFA) during the second quarter of 2023. This acquisition, valued at approximately **$19,031,000**, was disclosed in a recent filing with the **U.S. Securities and Exchange Commission (SEC)**.

Several other institutional investors have also adjusted their holdings in the iShares MSCI EAFE ETF. **Fiduciary Wealth Partners LLC** established a new position in the ETF during the first quarter, investing around **$36,000**. Meanwhile, **Elequin Capital LP** increased its stake by **44.7%** during the first quarter, bringing its total ownership to **447 shares**, valued at **$37,000** after acquiring an additional **138 shares**.

**Howe & Rusling Inc.** demonstrated a notable increase as well, growing its holdings by **99.2%** in the same period. The firm now owns **743 shares** valued at **$61,000**, having added **370 shares**. Additionally, **Curio Wealth LLC** made headlines by increasing its stake by an astonishing **22,600.0%** during the second quarter. Curio now controls **681 shares** worth **$61,000**, following the purchase of **678 shares**. Finally, **Bfsg LLC** raised its holdings by **48.3%**, owning **765 shares** valued at **$68,000** after buying an additional **249 shares**.

Overall, institutional investors and hedge funds own **79.80%** of the iShares MSCI EAFE ETF, indicating strong confidence in this investment vehicle.

Current Performance of iShares MSCI EAFE ETF

As of the latest trading session, shares of the iShares MSCI EAFE ETF opened at **$94.30**. The ETF has experienced fluctuations over the past year, with a **twelve-month low** of **$72.14** and a **high** of **$95.95**. The ETF boasts a market capitalization of **$68.01 billion**, a price-to-earnings (P/E) ratio of **16.48**, and a beta of **0.84**, which indicates its relatively stable performance compared to the broader market.

The ETF’s **fifty-day moving average** price stands at **$93.60**, while its **200-day moving average** price is **$90.39**. These metrics suggest a positive trend in its market performance.

About iShares MSCI EAFE ETF

The iShares MSCI EAFE ETF, previously known as the iShares MSCI EAFE Index Fund, aims to replicate the price and yield performance of its underlying index, the **MSCI EAFE Index**. Developed by **MSCI Inc**, this index serves as a critical benchmark for international stock performance, focusing on large and mid-cap equities across developed markets outside of North America.

As the investment landscape evolves, interest from institutional investors in the iShares MSCI EAFE ETF highlights its significance in global equity markets. For those seeking detailed insights into hedge fund holdings, **HoldingsChannel.com** provides the latest **13F filings** and insider trades related to the ETF.