International Assets Investment Management LLC Increases Stock Position in iShares MSCI EAFE ETF $EFA

International Assets Investment Management LLC increased its holdings in iShares MSCI EAFE ETF (NYSEARCA:EFA) by 97.6% in the 1st quarter, Holdings Channel reports. The institutional investor owned 10,615 shares of the exchange traded fund’s stock after purchasing an additional 5,243 shares during the period. International Assets Investment Management LLC’s holdings in iShares MSCI EAFE ETF were worth $1,047,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also bought and sold shares of EFA. Clearbridge Investments LLC purchased a new position in shares of iShares MSCI EAFE ETF in the fourth quarter valued at $7,552,000. Gryphon Financial Partners LLC lifted its holdings in iShares MSCI EAFE ETF by 18.4% during the 4th quarter. Gryphon Financial Partners LLC now owns 53,061 shares of the exchange traded fund’s stock worth $5,095,000 after purchasing an additional 8,251 shares in the last quarter. Boston Common Asset Management LLC purchased a new stake in iShares MSCI EAFE ETF during the 4th quarter worth about $2,665,000. Avity Investment Management Inc. lifted its holdings in iShares MSCI EAFE ETF by 62.1% during the 3rd quarter. Avity Investment Management Inc. now owns 112,803 shares of the exchange traded fund’s stock worth $10,532,000 after purchasing an additional 43,212 shares in the last quarter. Finally, Strategic Investment Advisors MI boosted its stake in iShares MSCI EAFE ETF by 1,027.8% in the 3rd quarter. Strategic Investment Advisors MI now owns 175,693 shares of the exchange traded fund’s stock worth $16,404,000 after purchasing an additional 160,115 shares during the period. 79.80% of the stock is currently owned by hedge funds and other institutional investors.

iShares MSCI EAFE ETF Stock Down 1.0%

EFA stock opened at $103.24 on Tuesday. The firm has a market capitalization of $76.44 billion, a PE ratio of 16.48 and a beta of 0.78. iShares MSCI EAFE ETF has a twelve month low of $86.74 and a twelve month high of $105.94. The stock has a 50-day simple moving average of $103.74 and a two-hundred day simple moving average of $101.39.

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.