Topsail Wealth Management LLC Boosts Stock Position in iShares MSCI EAFE ETF $EFA

Topsail Wealth Management LLC grew its holdings in iShares MSCI EAFE ETF (NYSEARCA:EFA) by 160.7% in the 3rd quarter, HoldingsChannel reports. The institutional investor owned 23,554 shares of the exchange traded fund’s stock after acquiring an additional 14,520 shares during the period. Topsail Wealth Management LLC’s holdings in iShares MSCI EAFE ETF were worth $2,199,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Independent Wealth Network Inc. lifted its stake in shares of iShares MSCI EAFE ETF by 1.0% in the 3rd quarter. Independent Wealth Network Inc. now owns 10,994 shares of the exchange traded fund’s stock valued at $1,027,000 after purchasing an additional 109 shares during the period. VestGen Advisors LLC raised its position in shares of iShares MSCI EAFE ETF by 0.7% in the 2nd quarter. VestGen Advisors LLC now owns 16,210 shares of the exchange traded fund’s stock worth $1,449,000 after purchasing an additional 117 shares during the last quarter. Genesee Capital Advisors LLC lifted its stake in shares of iShares MSCI EAFE ETF by 1.4% in the second quarter. Genesee Capital Advisors LLC now owns 8,657 shares of the exchange traded fund’s stock worth $774,000 after buying an additional 120 shares in the last quarter. Wingate Wealth Advisors Inc. lifted its position in iShares MSCI EAFE ETF by 0.8% in the 3rd quarter. Wingate Wealth Advisors Inc. now owns 15,565 shares of the exchange traded fund’s stock valued at $1,453,000 after acquiring an additional 125 shares in the last quarter. Finally, REDW Wealth LLC lifted its holdings in shares of iShares MSCI EAFE ETF by 3.2% during the third quarter. REDW Wealth LLC now owns 3,977 shares of the exchange traded fund’s stock valued at $371,000 after purchasing an additional 125 shares in the last quarter. 79.80% of the stock is owned by hedge funds and other institutional investors.

iShares MSCI EAFE ETF Stock Down 0.9%

Shares of NYSEARCA EFA opened at $100.74 on Friday. The company has a market cap of $74.35 billion, a PE ratio of 16.48 and a beta of 0.84. The firm’s 50-day moving average price is $97.17 and its 200-day moving average price is $94.14. iShares MSCI EAFE ETF has a 52-week low of $72.14 and a 52-week high of $102.32.

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.