Independence Wealth Advisors LLC Makes New $3.15 Million Investment in iShares MSCI EAFE ETF $EFA

Independence Wealth Advisors LLC acquired a new stake in iShares MSCI EAFE ETF (NYSEARCA:EFA) during the fourth quarter, Holdings Channel.com reports. The fund acquired 32,821 shares of the exchange traded fund’s stock, valued at approximately $3,152,000. iShares MSCI EAFE ETF makes up approximately 1.8% of Independence Wealth Advisors LLC’s holdings, making the stock its 16th biggest position.

Other hedge funds have also recently made changes to their positions in the company. Brighton Jones LLC raised its holdings in shares of iShares MSCI EAFE ETF by 5.3% in the 4th quarter. Brighton Jones LLC now owns 236,460 shares of the exchange traded fund’s stock worth $17,879,000 after acquiring an additional 11,902 shares during the last quarter. Revolve Wealth Partners LLC acquired a new position in iShares MSCI EAFE ETF during the 4th quarter valued at about $629,000. Legal & General Group Plc boosted its stake in iShares MSCI EAFE ETF by 164.8% during the 2nd quarter. Legal & General Group Plc now owns 126,200 shares of the exchange traded fund’s stock valued at $11,283,000 after purchasing an additional 78,550 shares during the last quarter. AlphaCore Capital LLC increased its holdings in iShares MSCI EAFE ETF by 325.5% during the 2nd quarter. AlphaCore Capital LLC now owns 7,502 shares of the exchange traded fund’s stock worth $671,000 after purchasing an additional 5,739 shares in the last quarter. Finally, Bahl & Gaynor Inc. increased its holdings in iShares MSCI EAFE ETF by 10.8% during the 2nd quarter. Bahl & Gaynor Inc. now owns 12,749 shares of the exchange traded fund’s stock worth $1,140,000 after purchasing an additional 1,244 shares in the last quarter. 79.80% of the stock is currently owned by institutional investors and hedge funds.

iShares MSCI EAFE ETF Stock Down 3.0%

Shares of iShares MSCI EAFE ETF stock opened at $93.59 on Monday. iShares MSCI EAFE ETF has a 52 week low of $72.14 and a 52 week high of $105.94. The business has a 50 day moving average price of $101.03 and a 200-day moving average price of $96.90. The company has a market cap of $69.07 billion, a PE ratio of 16.48 and a beta of 0.84.

iShares MSCI EAFE ETF Company 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.