Summit Wealth Partners LLC Boosts Stock Position in iShares MSCI EAFE ETF $EFA

Summit Wealth Partners LLC boosted its stake in shares of iShares MSCI EAFE ETF (NYSEARCA:EFA) by 197.9% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 9,227 shares of the exchange traded fund’s stock after acquiring an additional 6,130 shares during the quarter. Summit Wealth Partners LLC’s holdings in iShares MSCI EAFE ETF were worth $896,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently modified their holdings of the stock. Becker Capital Management Inc. lifted its holdings in shares of iShares MSCI EAFE ETF by 5.9% in the 3rd quarter. Becker Capital Management Inc. now owns 801,714 shares of the exchange traded fund’s stock valued at $74,856,000 after buying an additional 44,503 shares during the period. Clearbridge Investments LLC purchased a new stake in shares of iShares MSCI EAFE ETF in the fourth quarter valued at approximately $7,552,000. Gryphon Financial Partners LLC grew its holdings in iShares MSCI EAFE ETF by 18.4% during the fourth quarter. Gryphon Financial Partners LLC now owns 53,061 shares of the exchange traded fund’s stock worth $5,095,000 after acquiring an additional 8,251 shares during the period. Boston Common Asset Management LLC acquired a new position in iShares MSCI EAFE ETF during the fourth quarter worth $2,665,000. Finally, Avity Investment Management Inc. raised its position in iShares MSCI EAFE ETF by 62.1% in the third quarter. Avity Investment Management Inc. now owns 112,803 shares of the exchange traded fund’s stock worth $10,532,000 after acquiring an additional 43,212 shares in the last quarter. 79.80% of the stock is currently owned by hedge funds and other institutional investors.

iShares MSCI EAFE ETF Stock Performance

NYSEARCA:EFA opened at $104.58 on Tuesday. iShares MSCI EAFE ETF has a 1 year low of $85.68 and a 1 year high of $105.94. The stock has a fifty day moving average price of $103.34 and a two-hundred day moving average price of $100.57. The stock has a market capitalization of $77.18 billion, a price-to-earnings ratio of 16.48 and a beta of 0.78.

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. 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.