Sterling Group Wealth Management LLC Has $13.91 Million Stock Holdings in iShares MSCI EAFE ETF $EFA

Sterling Group Wealth Management LLC raised its position in shares of iShares MSCI EAFE ETF (NYSEARCA:EFA) by 3.7% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 148,933 shares of the exchange traded fund’s stock after buying an additional 5,327 shares during the quarter. iShares MSCI EAFE ETF comprises 6.9% of Sterling Group Wealth Management LLC’s portfolio, making the stock its 3rd biggest holding. Sterling Group Wealth Management LLC’s holdings in iShares MSCI EAFE ETF were worth $13,906,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. Brighton Jones LLC raised its stake in iShares MSCI EAFE ETF by 5.3% during the fourth quarter. Brighton Jones LLC now owns 236,460 shares of the exchange traded fund’s stock valued at $17,879,000 after purchasing an additional 11,902 shares in the last quarter. Revolve Wealth Partners LLC purchased a new position in shares of iShares MSCI EAFE ETF in the 4th quarter worth $629,000. Nuveen LLC bought a new stake in shares of iShares MSCI EAFE ETF in the 1st quarter worth about $4,978,000. Russell Investments Group Ltd. increased its holdings in shares of iShares MSCI EAFE ETF by 7.0% in the 1st quarter. Russell Investments Group Ltd. now owns 5,242 shares of the exchange traded fund’s stock worth $428,000 after buying an additional 344 shares during the last quarter. Finally, Elequin Capital LP raised 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 in the last quarter. 79.80% of the stock is owned by hedge funds and other institutional investors.

iShares MSCI EAFE ETF Trading Up 0.6%

EFA opened at $97.09 on Tuesday. The stock has a 50-day moving average of $94.66 and a 200 day moving average of $91.98. iShares MSCI EAFE ETF has a 12 month low of $72.14 and a 12 month high of $97.42. The firm has a market cap of $70.02 billion, a P/E ratio of 16.48 and a beta of 0.84.

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.