Sax Wealth Advisors LLC Grows Stock Holdings in iShares MSCI EAFE ETF $EFA

Sax Wealth Advisors LLC boosted its stake in shares of iShares MSCI EAFE ETF (NYSEARCA:EFA) by 14.8% during the second quarter, Holdings Channel reports. The firm owned 85,699 shares of the exchange traded fund’s stock after purchasing an additional 11,028 shares during the quarter. Sax Wealth Advisors LLC’s holdings in iShares MSCI EAFE ETF were worth $8,324,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in EFA. Horizon Investments LLC raised its stake in 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 buying an additional 252 shares during the last quarter. Hilton Head Capital Partners LLC purchased a new position in shares of iShares MSCI EAFE ETF in the 4th quarter worth $26,000. Atlas Capital Advisors Inc. purchased a new position in shares of iShares MSCI EAFE ETF in the 4th quarter worth $29,000. Scarborough Advisors LLC bought a new stake in shares of iShares MSCI EAFE ETF in the first quarter worth $33,000. Finally, GeoWealth Management LLC bought a new stake in shares of iShares MSCI EAFE ETF in the fourth quarter worth $37,000. Hedge funds and other institutional investors own 79.80% of the company’s stock.

iShares MSCI EAFE ETF Stock Performance

iShares MSCI EAFE ETF stock opened at $108.55 on Friday. The stock has a market cap of $80.24 billion, a PE ratio of 16.48 and a beta of 0.78. iShares MSCI EAFE ETF has a one year low of $89.88 and a one year high of $108.76. The stock has a fifty day moving average of $104.20 and a 200 day moving average 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.