Sigma Investment Counselors Inc. raised its stake in iShares MSCI EAFE ETF (NYSEARCA:EFA – Free Report) by 13.9% in the 2nd quarter, HoldingsChannel.com reports. The firm owned 47,367 shares of the exchange traded fund’s stock after acquiring an additional 5,796 shares during the period. Sigma Investment Counselors Inc.’s holdings in iShares MSCI EAFE ETF were worth $4,234,000 at the end of the most recent quarter.
A number of other institutional investors have also recently made changes to their positions in the stock. Smallwood Wealth Investment Management LLC purchased a new stake in iShares MSCI EAFE ETF during the 1st quarter valued at $34,000. Fiduciary Wealth Partners LLC purchased a new position in shares of iShares MSCI EAFE ETF in the first quarter valued at about $36,000. Elequin Capital LP raised its stake in shares of iShares MSCI EAFE ETF by 44.7% during the first quarter. Elequin Capital LP now owns 447 shares of the exchange traded fund’s stock valued at $37,000 after acquiring an additional 138 shares during the last quarter. von Borstel & Associates Inc. purchased a new stake in shares of iShares MSCI EAFE ETF during the first quarter worth about $43,000. Finally, 3Chopt Investment Partners LLC bought a new stake in shares of iShares MSCI EAFE ETF in the first quarter worth about $52,000. Hedge funds and other institutional investors own 79.80% of the company’s stock.
iShares MSCI EAFE ETF Price Performance
Shares of NYSEARCA:EFA opened at $94.51 on Friday. The company has a market cap of $68.16 billion, a PE ratio of 16.48 and a beta of 0.86. iShares MSCI EAFE ETF has a 1 year low of $72.14 and a 1 year high of $95.53. The stock’s 50-day moving average is $92.73 and its 200 day moving average is $88.61.
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.
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