Breakthru Advisory Services LLC Acquires New Shares in iShares MSCI EAFE ETF $EFA

Breakthru Advisory Services LLC bought a new stake in iShares MSCI EAFE ETF (NYSEARCA:EFA) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 36,260 shares of the exchange traded fund’s stock, valued at approximately $3,386,000. iShares MSCI EAFE ETF accounts for about 2.2% of Breakthru Advisory Services LLC’s holdings, making the stock its 12th biggest position.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in EFA. Atlantic Union Bankshares Corp boosted its stake in iShares MSCI EAFE ETF by 49.7% during the 2nd quarter. Atlantic Union Bankshares Corp now owns 96,644 shares of the exchange traded fund’s stock worth $8,639,000 after acquiring an additional 32,097 shares during the last quarter. Ellis Investment Partners LLC boosted its position in shares of iShares MSCI EAFE ETF by 153.1% during the second quarter. Ellis Investment Partners LLC now owns 54,314 shares of the exchange traded fund’s stock worth $4,855,000 after purchasing an additional 32,851 shares in the last quarter. CMG Global Holdings LLC grew its holdings in shares of iShares MSCI EAFE ETF by 6.0% in the 2nd quarter. CMG Global Holdings LLC now owns 31,388 shares of the exchange traded fund’s stock valued at $2,803,000 after buying an additional 1,785 shares during the period. B. Riley Wealth Advisors Inc. acquired a new position in shares of iShares MSCI EAFE ETF in the 2nd quarter valued at $2,420,000. Finally, Cove Private Wealth LLC bought a new stake in shares of iShares MSCI EAFE ETF in the 2nd quarter valued at $312,000. Institutional investors own 79.80% of the company’s stock.

iShares MSCI EAFE ETF Trading Up 0.7%

EFA stock opened at $95.46 on Friday. iShares MSCI EAFE ETF has a 1-year low of $72.14 and a 1-year high of $97.42. The firm has a market cap of $68.85 billion, a PE ratio of 16.48 and a beta of 0.84. The business’s 50-day moving average price is $94.74 and its two-hundred day moving average price is $92.10.

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.