Assetmark Inc. Acquires 13,486 Shares of iShares MSCI EAFE ETF $EFA

Assetmark Inc. grew its holdings in iShares MSCI EAFE ETF (NYSEARCA:EFA) by 118.8% in the third quarter, HoldingsChannel.com reports. The institutional investor owned 24,837 shares of the exchange traded fund’s stock after acquiring an additional 13,486 shares during the period. Assetmark Inc.’s holdings in iShares MSCI EAFE ETF were worth $2,319,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also made changes to their positions in the business. Pineridge Advisors LLC acquired a new stake in shares of iShares MSCI EAFE ETF during the 2nd quarter worth about $25,000. MMA Asset Management LLC bought a new position in iShares MSCI EAFE ETF in the 3rd quarter valued at about $34,000. Pflug Koory LLC raised its holdings in iShares MSCI EAFE ETF by 65.9% in the 3rd quarter. Pflug Koory LLC now owns 375 shares of the exchange traded fund’s stock valued at $35,000 after acquiring an additional 149 shares during the period. Addison Advisors LLC lifted its position in iShares MSCI EAFE ETF by 56.6% during the second quarter. Addison Advisors LLC now owns 379 shares of the exchange traded fund’s stock worth $34,000 after acquiring an additional 137 shares during the last quarter. Finally, Versant Capital Management Inc bought a new stake in shares of iShares MSCI EAFE ETF during the third quarter worth approximately $37,000. 79.80% of the stock is owned by institutional investors and hedge funds.

iShares MSCI EAFE ETF Trading Up 0.1%

iShares MSCI EAFE ETF stock opened at $104.34 on Thursday. The company has a market capitalization of $77.00 billion, a price-to-earnings ratio of 16.48 and a beta of 0.84. iShares MSCI EAFE ETF has a 12 month low of $72.14 and a 12 month high of $105.24. The stock’s 50 day moving average is $99.29 and its 200-day moving average is $95.42.

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.