Concurrent Investment Advisors LLC Increases Stake in iShares MSCI EAFE ETF (NYSEARCA:EFA)

Concurrent Investment Advisors LLC boosted its stake in iShares MSCI EAFE ETF (NYSEARCA:EFA) by 79.4% during the first quarter, Holdings Channel.com reports. The firm owned 157,572 shares of the exchange traded fund’s stock after buying an additional 69,736 shares during the period. Concurrent Investment Advisors LLC’s holdings in iShares MSCI EAFE ETF were worth $12,878,000 at the end of the most recent quarter.

A number of other large investors have also bought and sold shares of EFA. AllSquare Wealth Management LLC grew its position in shares of iShares MSCI EAFE ETF by 92.7% in the 4th quarter. AllSquare Wealth Management LLC now owns 395 shares of the exchange traded fund’s stock worth $30,000 after buying an additional 190 shares during the last quarter. Parkworth Wealth Management Inc. bought a new stake in shares of iShares MSCI EAFE ETF in the 4th quarter worth approximately $32,000. Smallwood Wealth Investment Management LLC bought a new stake in shares of iShares MSCI EAFE ETF in the 1st quarter worth approximately $34,000. Park Square Financial Group LLC bought a new stake in shares of iShares MSCI EAFE ETF in the 4th quarter worth approximately $33,000. Finally, Murphy & Mullick Capital Management Corp bought a new stake in shares of iShares MSCI EAFE ETF in the 4th quarter worth approximately $36,000. 79.80% of the stock is owned by hedge funds and other institutional investors.

iShares MSCI EAFE ETF Stock Performance

Shares of EFA stock opened at $89.52 on Friday. The firm has a market cap of $64.56 billion, a P/E ratio of 16.48 and a beta of 0.86. iShares MSCI EAFE ETF has a fifty-two week low of $72.15 and a fifty-two week high of $90.51. The business’s 50 day moving average price is $87.82 and its 200-day moving average price is $82.50.

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.