Waverly Advisors LLC Boosts Position in iShares MSCI EAFE ETF $EFA

Waverly Advisors LLC increased its holdings in iShares MSCI EAFE ETF (NYSEARCA:EFA) by 1.9% in the 2nd quarter, Holdings Channel reports. The fund owned 304,435 shares of the exchange traded fund’s stock after buying an additional 5,656 shares during the quarter. Waverly Advisors LLC’s holdings in iShares MSCI EAFE ETF were worth $31,625,000 as of its most recent SEC filing.

A number of other hedge funds have also added to or reduced their stakes in EFA. Horizon Investments LLC increased its position in iShares MSCI EAFE ETF by 2,520.0% during the fourth quarter. Horizon Investments LLC now owns 262 shares of the exchange traded fund’s stock valued at $25,000 after acquiring an additional 252 shares during the last quarter. Hilton Head Capital Partners LLC bought a new position in shares of iShares MSCI EAFE ETF in the 4th quarter worth approximately $26,000. Atlas Capital Advisors Inc. bought a new stake in iShares MSCI EAFE ETF during the fourth quarter valued at approximately $29,000. Scarborough Advisors LLC bought a new stake in iShares MSCI EAFE ETF during the first quarter valued at approximately $33,000. Finally, GeoWealth Management LLC purchased a new stake in iShares MSCI EAFE ETF during the fourth quarter valued at approximately $37,000. 79.80% of the stock is currently owned by hedge funds and other institutional investors.

iShares MSCI EAFE ETF Stock Down 0.5%

EFA traded down $0.59 during midday trading on Tuesday, reaching $107.76. The company had a trading volume of 8,318,934 shares, compared to its average volume of 16,876,471. iShares MSCI EAFE ETF has a 1 year low of $91.21 and a 1 year high of $108.89. The company has a market cap of $79.66 billion, a P/E ratio of 16.48 and a beta of 0.78. The business has a 50-day moving average of $106.09 and a two-hundred day moving average of $103.26.

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.