Merit Financial Group LLC Has $1.02 Million Stake in iShares MSCI EAFE ETF (NYSEARCA:EFA)

Merit Financial Group LLC increased its position in iShares MSCI EAFE ETF (NYSEARCA:EFA) by 2.3% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 13,509 shares of the exchange traded fund’s stock after acquiring an additional 308 shares during the period. Merit Financial Group LLC’s holdings in iShares MSCI EAFE ETF were worth $1,018,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in EFA. Sandy Cove Advisors LLC boosted its position in iShares MSCI EAFE ETF by 1.0% in the fourth quarter. Sandy Cove Advisors LLC now owns 14,342 shares of the exchange traded fund’s stock worth $1,081,000 after purchasing an additional 138 shares during the last quarter. Pallas Capital Advisors LLC grew its position in iShares MSCI EAFE ETF by 0.5% during the fourth quarter. Pallas Capital Advisors LLC now owns 26,453 shares of the exchange traded fund’s stock valued at $1,993,000 after buying an additional 141 shares during the period. Hubbell Strickland Wealth Management LLC grew its position in iShares MSCI EAFE ETF by 0.7% during the fourth quarter. Hubbell Strickland Wealth Management LLC now owns 21,329 shares of the exchange traded fund’s stock valued at $1,607,000 after buying an additional 143 shares during the period. W.G. Shaheen & Associates DBA Whitney & Co increased its holdings in iShares MSCI EAFE ETF by 4.1% during the third quarter. W.G. Shaheen & Associates DBA Whitney & Co now owns 3,820 shares of the exchange traded fund’s stock worth $263,000 after buying an additional 150 shares during the last quarter. Finally, CENTRAL TRUST Co raised its position in iShares MSCI EAFE ETF by 1.7% in the fourth quarter. CENTRAL TRUST Co now owns 9,276 shares of the exchange traded fund’s stock worth $699,000 after acquiring an additional 151 shares during the period. Institutional investors own 79.80% of the company’s stock.

iShares MSCI EAFE ETF Price Performance

iShares MSCI EAFE ETF stock opened at $78.92 on Monday. The firm has a 50 day moving average price of $78.38 and a 200-day moving average price of $74.86. iShares MSCI EAFE ETF has a twelve month low of $65.68 and a twelve month high of $80.06.

About iShares MSCI EAFE ETF

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.