Royal Fund Management LLC Makes New Investment in iShares MSCI EAFE ETF $EFA

Royal Fund Management LLC purchased a new stake in iShares MSCI EAFE ETF (NYSEARCA:EFA) in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor purchased 147,893 shares of the exchange traded fund’s stock, valued at approximately $14,202,000. iShares MSCI EAFE ETF accounts for approximately 1.3% of Royal Fund Management LLC’s holdings, making the stock its 16th largest position.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. MMA Asset Management LLC purchased a new stake in shares of iShares MSCI EAFE ETF during the 3rd quarter valued at approximately $34,000. Pflug Koory LLC grew its position in iShares MSCI EAFE ETF by 65.9% in the third quarter. Pflug Koory LLC now owns 375 shares of the exchange traded fund’s stock worth $35,000 after acquiring an additional 149 shares during the period. Versant Capital Management Inc acquired a new stake in iShares MSCI EAFE ETF during the third quarter worth $37,000. GoalVest Advisory LLC increased its stake in iShares MSCI EAFE ETF by 106.4% during the fourth quarter. GoalVest Advisory LLC now owns 388 shares of the exchange traded fund’s stock worth $37,000 after acquiring an additional 200 shares during the last quarter. Finally, WFA of San Diego LLC purchased a new stake in iShares MSCI EAFE ETF in the second quarter valued at $48,000. Institutional investors and hedge funds own 79.80% of the company’s stock.

iShares MSCI EAFE ETF Stock Up 0.3%

Shares of iShares MSCI EAFE ETF stock opened at $94.07 on Tuesday. iShares MSCI EAFE ETF has a 52 week low of $72.14 and a 52 week high of $105.94. The business’s fifty day simple moving average is $100.52 and its 200-day simple moving average is $97.02. The firm has a market cap of $69.42 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.