NewEdge Advisors LLC Increases Stock Holdings in iShares MSCI EAFE ETF $EFA

NewEdge Advisors LLC boosted its stake in iShares MSCI EAFE ETF (NYSEARCA:EFA) by 7.0% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 133,724 shares of the exchange traded fund’s stock after acquiring an additional 8,734 shares during the period. NewEdge Advisors LLC’s holdings in iShares MSCI EAFE ETF were worth $12,989,000 at the end of the most recent reporting period.

A number of other hedge funds have also added to or reduced their stakes in EFA. Horizon Investments LLC boosted its stake in shares of iShares MSCI EAFE ETF by 2,520.0% during the 4th quarter. Horizon Investments LLC now owns 262 shares of the exchange traded fund’s stock valued at $25,000 after purchasing an additional 252 shares in the last quarter. Hilton Head Capital Partners LLC purchased a new stake in iShares MSCI EAFE ETF in the fourth quarter worth about $26,000. Atlas Capital Advisors Inc. purchased a new stake in iShares MSCI EAFE ETF in the fourth quarter worth about $29,000. Scarborough Advisors LLC bought a new stake in iShares MSCI EAFE ETF during the 1st quarter valued at approximately $33,000. Finally, GeoWealth Management LLC bought a new stake in iShares MSCI EAFE ETF during the 4th quarter valued at approximately $37,000. 79.80% of the stock is owned by hedge funds and other institutional investors.

iShares MSCI EAFE ETF Stock Performance

EFA stock opened at $108.55 on Friday. iShares MSCI EAFE ETF has a fifty-two week low of $89.88 and a fifty-two week high of $108.76. The company has a market capitalization of $80.24 billion, a price-to-earnings ratio of 16.48 and a beta of 0.78. The business’s 50 day moving average price is $104.20 and its two-hundred day moving average price is $102.32.

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.