Napier Financial LLC Purchases New Position in iShares MSCI EAFE ETF $EFA

Napier Financial LLC purchased a new stake in shares of iShares MSCI EAFE ETF (NYSEARCA:EFA) in the 4th quarter, Holdings Channel reports. The fund purchased 248,082 shares of the exchange traded fund’s stock, valued at approximately $23,823,000. iShares MSCI EAFE ETF accounts for about 5.9% of Napier Financial LLC’s holdings, making the stock its 3rd largest position.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Horizon Investments LLC grew its position 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 worth $25,000 after buying an additional 252 shares during the period. MMA Asset Management LLC bought a new position in iShares MSCI EAFE ETF during the 3rd quarter worth approximately $34,000. GoalVest Advisory LLC grew its holdings in iShares MSCI EAFE ETF by 106.4% during the fourth quarter. GoalVest Advisory LLC now owns 388 shares of the exchange traded fund’s stock valued at $37,000 after purchasing an additional 200 shares during the period. Nemes Rush Group LLC acquired a new position in iShares MSCI EAFE ETF during the fourth quarter valued at approximately $40,000. Finally, Toth Financial Advisory Corp acquired a new position in iShares MSCI EAFE ETF during the fourth quarter valued at approximately $41,000. Institutional investors and hedge funds own 79.80% of the company’s stock.

iShares MSCI EAFE ETF Stock Performance

Shares of NYSEARCA EFA opened at $102.26 on Monday. The stock has a market cap of $75.47 billion, a P/E ratio of 16.48 and a beta of 0.78. The firm has a 50 day moving average price of $101.99 and a 200 day moving average price of $99.78. iShares MSCI EAFE ETF has a 52-week low of $85.68 and a 52-week high of $105.94.

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.