Pacific Excel Wealth Advisors Inc. Acquires Shares of 58,846 iShares MSCI EAFE ETF $EFA

Pacific Excel Wealth Advisors Inc. bought a new stake in shares of iShares MSCI EAFE ETF (NYSEARCA:EFA) in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 58,846 shares of the exchange traded fund’s stock, valued at approximately $6,113,000. iShares MSCI EAFE ETF accounts for 2.4% of Pacific Excel Wealth Advisors Inc.’s holdings, making the stock its 9th largest position.

Other hedge funds and other institutional investors have also modified their holdings of the company. Horizon Investments LLC grew its stake in iShares MSCI EAFE ETF by 2,520.0% in the fourth 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 acquired a new position in iShares MSCI EAFE ETF in the fourth quarter worth approximately $26,000. Atlas Capital Advisors Inc. acquired a new stake in iShares MSCI EAFE ETF in the fourth quarter valued at approximately $29,000. Scarborough Advisors LLC acquired a new stake in iShares MSCI EAFE ETF in the first quarter valued at approximately $33,000. Finally, GeoWealth Management LLC bought a new stake in iShares MSCI EAFE ETF in the fourth quarter worth approximately $37,000. 79.80% of the stock is currently owned by hedge funds and other institutional investors.

iShares MSCI EAFE ETF Trading Up 1.2%

iShares MSCI EAFE ETF stock opened at $107.32 on Wednesday. The company has a market capitalization of $79.33 billion, a P/E ratio of 16.48 and a beta of 0.78. The firm’s fifty day simple moving average is $104.02 and its 200-day simple moving average is $102.16. iShares MSCI EAFE ETF has a 1-year low of $88.17 and a 1-year high of $107.47.

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. 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.