Align Financial LLC Invests $14.54 Million in iShares MSCI EAFE ETF $EFA

Align Financial LLC bought a new position in iShares MSCI EAFE ETF (NYSEARCA:EFA) in the 4th quarter, according to its most recent disclosure with the SEC. The firm bought 145,445 shares of the exchange traded fund’s stock, valued at approximately $14,544,000.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Horizon Investments LLC lifted its position in shares of iShares MSCI EAFE ETF by 2,520.0% in 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 purchased a new stake in shares of iShares MSCI EAFE ETF in the 4th quarter worth about $26,000. Atlas Capital Advisors Inc. purchased a new stake in shares of iShares MSCI EAFE ETF in the 4th quarter worth about $29,000. GoalVest Advisory LLC increased its stake in shares of iShares MSCI EAFE ETF by 106.4% in the 4th quarter. GoalVest Advisory LLC now owns 388 shares of the exchange traded fund’s stock worth $37,000 after acquiring an additional 200 shares in the last quarter. Finally, GeoWealth Management LLC bought a new position in shares of iShares MSCI EAFE ETF in the 4th quarter worth about $37,000. 79.80% of the stock is owned by hedge funds and other institutional investors.

iShares MSCI EAFE ETF Price Performance

Shares of iShares MSCI EAFE ETF stock opened at $103.78 on Thursday. The company has a 50-day moving average of $103.13 and a 200 day moving average of $100.37. The firm has a market cap of $76.59 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 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.