Cornerstone Wealth Group LLC purchased a new stake in shares of iShares MSCI EAFE ETF (NYSEARCA:EFA) in the 1st quarter, HoldingsChannel.com reports. The institutional investor purchased 71,747 shares of the exchange traded fund’s stock, valued at approximately $4,654,000. iShares MSCI EAFE ETF comprises approximately 1.2% of Cornerstone Wealth Group LLC’s portfolio, making the stock its 20th largest holding.

Other large investors also recently modified their holdings of the company. Jackson Hole Capital Partners LLC bought a new stake in iShares MSCI EAFE ETF in the 4th quarter worth about $28,000. Psagot Investment House Ltd. bought a new stake in iShares MSCI EAFE ETF in the 1st quarter worth about $28,000. Karp Capital Management Corp bought a new stake in iShares MSCI EAFE ETF in the 4th quarter worth about $38,000. Larson Financial Group LLC bought a new stake in iShares MSCI EAFE ETF in the 4th quarter worth about $39,000. Finally, Buffington Mohr McNeal bought a new stake in iShares MSCI EAFE ETF in the 1st quarter worth about $45,000.

NYSEARCA EFA opened at $64.68 on Thursday. iShares MSCI EAFE ETF has a one year low of $56.77 and a one year high of $71.03.

TRADEMARK VIOLATION NOTICE: “Cornerstone Wealth Group LLC Takes $4.65 Million Position in iShares MSCI EAFE ETF (EFA)” was first reported by Watch List News and is the sole property of of Watch List News. If you are reading this report on another website, it was copied illegally and reposted in violation of US & international trademark & copyright laws. The correct version of this report can be read at https://www.watchlistnews.com/cornerstone-wealth-group-llc-takes-4-65-million-position-in-ishares-msci-eafe-etf-efa/3019427.html.

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.

See Also: Why is the Consumer Price Index (CPI) important?

Want to see what other hedge funds are holding EFA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares MSCI EAFE ETF (NYSEARCA:EFA).

Institutional Ownership by Quarter for iShares MSCI EAFE ETF (NYSEARCA:EFA)

Receive News & Ratings for iShares MSCI EAFE ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares MSCI EAFE ETF and related companies with MarketBeat.com's FREE daily email newsletter.