Innova Wealth Partners Boosts Stake in iShares MSCI EAFE ETF $EFA

Innova Wealth Partners lifted its position in iShares MSCI EAFE ETF (NYSEARCA:EFA) by 110.1% in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 35,421 shares of the exchange traded fund’s stock after purchasing an additional 18,558 shares during the quarter. iShares MSCI EAFE ETF makes up 1.6% of Innova Wealth Partners’ investment portfolio, making the stock its 17th biggest holding. Innova Wealth Partners’ holdings in iShares MSCI EAFE ETF were worth $3,440,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. Stock Yards Bank & Trust Co. increased its position in iShares MSCI EAFE ETF by 9.8% during the first quarter. Stock Yards Bank & Trust Co. now owns 847,346 shares of the exchange traded fund’s stock worth $82,303,000 after buying an additional 75,642 shares during the period. Essex Financial Services Inc. lifted its stake in iShares MSCI EAFE ETF by 3.8% in the first quarter. Essex Financial Services Inc. now owns 8,941 shares of the exchange traded fund’s stock valued at $868,000 after buying an additional 330 shares during the last quarter. Fulton Bank N.A. boosted its holdings in shares of iShares MSCI EAFE ETF by 0.3% in the first quarter. Fulton Bank N.A. now owns 104,049 shares of the exchange traded fund’s stock valued at $10,106,000 after acquiring an additional 282 shares during the period. James Investment Research Inc. boosted its holdings in shares of iShares MSCI EAFE ETF by 1.7% in the first quarter. James Investment Research Inc. now owns 72,592 shares of the exchange traded fund’s stock valued at $7,051,000 after acquiring an additional 1,201 shares during the period. Finally, Financial Life Planners purchased a new position in shares of iShares MSCI EAFE ETF during the first quarter worth approximately $160,000. Hedge funds and other institutional investors own 79.80% of the company’s stock.

iShares MSCI EAFE ETF Price Performance

Shares of iShares MSCI EAFE ETF stock opened at $103.02 on Thursday. The firm’s fifty day simple moving average is $103.30 and its 200-day simple moving average is $100.91. The stock has a market capitalization of $76.83 billion, a price-to-earnings ratio of 16.48 and a beta of 0.78. iShares MSCI EAFE ETF has a 12 month low of $86.74 and a 12 month high of $105.94.

iShares MSCI EAFE ETF Company 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.