Keudell Morrison Wealth Management Acquires New Position in iShares MSCI EAFE ETF $EFA

Keudell Morrison Wealth Management acquired a new stake in iShares MSCI EAFE ETF (NYSEARCA:EFA) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 11,738 shares of the exchange traded fund’s stock, valued at approximately $1,127,000.

Other hedge funds have also recently modified their holdings of the company. Horizon Investments LLC grew its holdings in shares of iShares MSCI EAFE ETF by 2,520.0% in the fourth quarter. Horizon Investments LLC now owns 262 shares of the exchange traded fund’s stock valued at $25,000 after purchasing an additional 252 shares during the period. MMA Asset Management LLC purchased a new position in iShares MSCI EAFE ETF during the third quarter worth about $34,000. GoalVest Advisory LLC boosted 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 buying an additional 200 shares during the period. Toth Financial Advisory Corp purchased a new position in iShares MSCI EAFE ETF during the fourth quarter worth about $41,000. Finally, Strategic Wealth Advisors LLC purchased a new position in iShares MSCI EAFE ETF during the fourth quarter worth about $43,000. Hedge funds and other institutional investors own 79.80% of the company’s stock.

iShares MSCI EAFE ETF Price Performance

Shares of EFA stock opened at $104.19 on Friday. The firm has a market cap of $76.89 billion, a PE ratio of 16.48 and a beta of 0.78. The company has a 50-day moving average of $100.31 and a two-hundred day moving average of $99.04. iShares MSCI EAFE ETF has a 1-year low of $85.68 and a 1-year high of $105.94.

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.