iShares MSCI EAFE ETF Target of Unusually Large Options Trading (NYSEARCA:EFA)

iShares MSCI EAFE ETF (NYSEARCA:EFA) saw unusually large options trading on Wednesday. Traders bought 132,337 put options on the company. This is an increase of approximately 51% compared to the average volume of 87,894 put options.

iShares MSCI EAFE ETF Price Performance

iShares MSCI EAFE ETF stock traded up $0.05 on Wednesday, reaching $76.30. The company’s stock had a trading volume of 15,748,017 shares, compared to its average volume of 15,293,056. The business’s fifty day moving average price is $77.97 and its 200 day moving average price is $74.04. iShares MSCI EAFE ETF has a twelve month low of $65.68 and a twelve month high of $80.06.

Hedge Funds Weigh In On iShares MSCI EAFE ETF

A number of institutional investors and hedge funds have recently bought and sold shares of EFA. Howe & Rusling Inc. lifted its stake in shares of iShares MSCI EAFE ETF by 112.7% during the fourth quarter. Howe & Rusling Inc. now owns 336 shares of the exchange traded fund’s stock valued at $25,000 after acquiring an additional 178 shares during the period. Fortis Group Advisors LLC lifted its stake in shares of iShares MSCI EAFE ETF by 100.0% during the fourth quarter. Fortis Group Advisors LLC now owns 346 shares of the exchange traded fund’s stock valued at $26,000 after acquiring an additional 173 shares during the period. Arjuna Capital acquired a new position in shares of iShares MSCI EAFE ETF during the fourth quarter valued at $26,000. SRS Capital Advisors Inc. lifted its stake in shares of iShares MSCI EAFE ETF by 183.1% during the fourth quarter. SRS Capital Advisors Inc. now owns 402 shares of the exchange traded fund’s stock valued at $30,000 after acquiring an additional 260 shares during the period. Finally, Joseph Group Capital Management lifted its stake in shares of iShares MSCI EAFE ETF by 198.6% during the fourth quarter. Joseph Group Capital Management now owns 418 shares of the exchange traded fund’s stock valued at $31,000 after acquiring an additional 278 shares during the period. Institutional investors and hedge funds own 79.80% of the company’s stock.

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.