Arax Advisory Partners Takes $1.85 Million Position in iShares MSCI EAFE ETF $EFA

Arax Advisory Partners purchased a new stake in shares of iShares MSCI EAFE ETF (NYSEARCA:EFA) during the 4th quarter, HoldingsChannel.com reports. The firm purchased 19,253 shares of the exchange traded fund’s stock, valued at approximately $1,849,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Osborne Partners Capital Management LLC increased its position in shares of iShares MSCI EAFE ETF by 0.6% in the fourth quarter. Osborne Partners Capital Management LLC now owns 16,955 shares of the exchange traded fund’s stock worth $1,628,000 after purchasing an additional 104 shares during the last quarter. Atalanta Sosnoff Capital LLC increased its position in shares of iShares MSCI EAFE ETF by 2.2% in the fourth quarter. Atalanta Sosnoff Capital LLC now owns 4,961 shares of the exchange traded fund’s stock worth $476,000 after purchasing an additional 105 shares during the last quarter. Sterling Investment Advisors LLC ADV increased its position in shares of iShares MSCI EAFE ETF by 0.3% in the fourth quarter. Sterling Investment Advisors LLC ADV now owns 42,399 shares of the exchange traded fund’s stock worth $4,072,000 after purchasing an additional 108 shares during the last quarter. Mine & Arao Wealth Creation & Management LLC. increased its position in shares of iShares MSCI EAFE ETF by 1.4% in the fourth quarter. Mine & Arao Wealth Creation & Management LLC. now owns 8,011 shares of the exchange traded fund’s stock worth $769,000 after purchasing an additional 108 shares during the last quarter. Finally, Triasima Portfolio Management inc. increased its position in shares of iShares MSCI EAFE ETF by 0.7% in the fourth quarter. Triasima Portfolio Management inc. now owns 16,750 shares of the exchange traded fund’s stock worth $1,609,000 after purchasing an additional 112 shares during the last quarter. 79.80% of the stock is currently owned by institutional investors.

iShares MSCI EAFE ETF Trading Down 0.9%

EFA stock opened at $104.08 on Tuesday. The company’s 50 day moving average is $102.89 and its 200 day moving average is $100.24. The stock has a market cap of $76.81 billion, a price-to-earnings ratio of 16.48 and a beta of 0.78. iShares MSCI EAFE ETF has a 1-year low of $85.68 and a 1-year 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.