Marino Stram & Associates LLC Takes $663,000 Position in iShares MSCI EAFE ETF $EFA

Marino Stram & Associates LLC bought a new stake in shares of iShares MSCI EAFE ETF (NYSEARCA:EFA) during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 7,102 shares of the exchange traded fund’s stock, valued at approximately $663,000.

Several other institutional investors have also added to or reduced their stakes in EFA. Pineridge Advisors LLC purchased a new position in shares of iShares MSCI EAFE ETF in the second quarter worth $25,000. Addison Advisors LLC grew its holdings in shares of iShares MSCI EAFE ETF by 56.6% during the second quarter. Addison Advisors LLC now owns 379 shares of the exchange traded fund’s stock valued at $34,000 after buying an additional 137 shares during the last quarter. Pflug Koory LLC increased its position in shares of iShares MSCI EAFE ETF by 65.9% in the 3rd quarter. Pflug Koory LLC now owns 375 shares of the exchange traded fund’s stock valued at $35,000 after acquiring an additional 149 shares during the period. Versant Capital Management Inc purchased a new position in iShares MSCI EAFE ETF in the 3rd quarter worth $37,000. Finally, Angeles Investment Advisors LLC acquired a new stake in iShares MSCI EAFE ETF during the 2nd quarter worth about $39,000. Institutional investors and hedge funds own 79.80% of the company’s stock.

iShares MSCI EAFE ETF Stock Performance

Shares of EFA stock opened at $100.47 on Tuesday. iShares MSCI EAFE ETF has a fifty-two week low of $72.14 and a fifty-two week high of $100.83. The stock’s 50-day simple moving average is $96.44 and its 200-day simple moving average is $93.82. The firm has a market capitalization of $74.15 billion, a PE ratio of 16.48 and a beta of 0.84.

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.