Diversify Wealth Management LLC bought a new position in iShares MSCI EAFE ETF (NYSEARCA:EFA – Free Report) in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 5,547 shares of the exchange traded fund’s stock, valued at approximately $554,000.
A number of other hedge funds also recently modified their holdings of EFA. Brighton Jones LLC grew its stake in shares of iShares MSCI EAFE ETF by 5.3% in the 4th quarter. Brighton Jones LLC now owns 236,460 shares of the exchange traded fund’s stock valued at $17,879,000 after buying an additional 11,902 shares during the period. Revolve Wealth Partners LLC acquired a new position in iShares MSCI EAFE ETF during the 4th quarter worth approximately $629,000. First Trust Advisors LP raised its stake in iShares MSCI EAFE ETF by 13.4% during the 2nd quarter. First Trust Advisors LP now owns 3,190 shares of the exchange traded fund’s stock worth $285,000 after buying an additional 377 shares during the period. NewEdge Advisors LLC boosted its holdings in iShares MSCI EAFE ETF by 21.5% in the second quarter. NewEdge Advisors LLC now owns 115,897 shares of the exchange traded fund’s stock worth $10,360,000 after acquiring an additional 20,528 shares in the last quarter. Finally, Sei Investments Co. boosted its holdings in iShares MSCI EAFE ETF by 6.1% in the second quarter. Sei Investments Co. now owns 75,960 shares of the exchange traded fund’s stock worth $6,790,000 after acquiring an additional 4,348 shares in the last quarter. Institutional investors and hedge funds own 79.80% of the company’s stock.
iShares MSCI EAFE ETF Stock Down 0.5%
Shares of EFA opened at $103.33 on Friday. iShares MSCI EAFE ETF has a 12-month low of $86.74 and a 12-month high of $105.94. The business’s fifty day moving average is $103.78 and its 200 day moving average is $101.57. The stock has a market cap of $76.51 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.
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