Gerber Kawasaki Wealth & Investment Management Boosts Holdings in iShares MSCI EAFE ETF $EFA

Gerber Kawasaki Wealth & Investment Management raised its stake in iShares MSCI EAFE ETF (NYSEARCA:EFA) by 210.8% during the second quarter, Holdings Channel reports. The fund owned 28,684 shares of the exchange traded fund’s stock after buying an additional 19,456 shares during the period. Gerber Kawasaki Wealth & Investment Management’s holdings in iShares MSCI EAFE ETF were worth $2,564,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Pineridge Advisors LLC purchased a new position in iShares MSCI EAFE ETF in the second quarter valued at approximately $25,000. Addison Advisors LLC raised its stake in shares of iShares MSCI EAFE ETF by 56.6% in the second quarter. Addison Advisors LLC now owns 379 shares of the exchange traded fund’s stock valued at $34,000 after buying an additional 137 shares during the period. Elequin Capital LP lifted its position in shares of iShares MSCI EAFE ETF by 44.7% during the 1st quarter. Elequin Capital LP now owns 447 shares of the exchange traded fund’s stock valued at $37,000 after buying an additional 138 shares during the last quarter. Angeles Investment Advisors LLC bought a new position in shares of iShares MSCI EAFE ETF during the 2nd quarter worth $39,000. Finally, Twin Peaks Wealth Advisors LLC purchased a new stake in iShares MSCI EAFE ETF in the 2nd quarter worth about $49,000. 79.80% of the stock is owned by institutional investors.

iShares MSCI EAFE ETF Stock Performance

Shares of iShares MSCI EAFE ETF stock opened at $95.81 on Monday. The stock has a market capitalization of $69.10 billion, a P/E ratio of 16.48 and a beta of 0.84. iShares MSCI EAFE ETF has a 52-week low of $72.14 and a 52-week high of $96.69. The stock’s 50-day simple moving average is $94.41 and its 200 day simple moving average is $91.65.

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.