Corundum Group Inc. Raises Holdings in iShares MSCI EAFE ETF $EFA

Corundum Group Inc. raised its stake in iShares MSCI EAFE ETF (NYSEARCA:EFA) by 4.5% in the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 162,461 shares of the exchange traded fund’s stock after acquiring an additional 6,943 shares during the period. iShares MSCI EAFE ETF accounts for about 5.3% of Corundum Group Inc.’s investment portfolio, making the stock its 3rd biggest holding. Corundum Group Inc.’s holdings in iShares MSCI EAFE ETF were worth $15,780,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Horizon Investments LLC raised its position in shares of iShares MSCI EAFE ETF by 2,520.0% during the 4th quarter. Horizon Investments LLC now owns 262 shares of the exchange traded fund’s stock worth $25,000 after purchasing an additional 252 shares during the period. Hilton Head Capital Partners LLC acquired a new position in iShares MSCI EAFE ETF during the 4th quarter valued at approximately $26,000. Atlas Capital Advisors Inc. acquired a new position in iShares MSCI EAFE ETF during the 4th quarter valued at approximately $29,000. GoalVest Advisory LLC boosted its position in iShares MSCI EAFE ETF by 106.4% during the 4th quarter. GoalVest Advisory LLC now owns 388 shares of the exchange traded fund’s stock valued at $37,000 after purchasing an additional 200 shares during the period. Finally, GeoWealth Management LLC bought a new position in iShares MSCI EAFE ETF during the 4th quarter worth $37,000. 79.80% of the stock is currently owned by institutional investors and hedge funds.

iShares MSCI EAFE ETF Price Performance

Shares of EFA opened at $102.26 on Thursday. iShares MSCI EAFE ETF has a 12 month low of $86.74 and a 12 month high of $105.94. The stock has a fifty day moving average price of $103.34 and a 200 day moving average price of $100.66. The company has a market cap of $75.47 billion, a P/E ratio of 16.48 and a beta of 0.78.

About iShares MSCI EAFE ETF

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.