PFG Advisors Purchases New Position in iShares MSCI EAFE ETF $EFA

PFG Advisors purchased a new stake in shares of iShares MSCI EAFE ETF (NYSEARCA:EFA) in the third quarter, according to the company in its most recent filing with the SEC. The fund purchased 6,735 shares of the exchange traded fund’s stock, valued at approximately $629,000.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Brighton Jones LLC lifted its stake in iShares MSCI EAFE ETF by 5.3% during the 4th quarter. Brighton Jones LLC now owns 236,460 shares of the exchange traded fund’s stock valued at $17,879,000 after acquiring an additional 11,902 shares in the last quarter. Revolve Wealth Partners LLC bought a new position in shares of iShares MSCI EAFE ETF during the fourth quarter valued at about $629,000. Acadian Asset Management LLC boosted its holdings in iShares MSCI EAFE ETF by 1.4% during the second quarter. Acadian Asset Management LLC now owns 51,592 shares of the exchange traded fund’s stock worth $4,609,000 after purchasing an additional 732 shares during the last quarter. Vise Technologies Inc. bought a new stake in iShares MSCI EAFE ETF in the 2nd quarter worth about $1,452,000. Finally, SBI Securities Co. Ltd. increased its stake in iShares MSCI EAFE ETF by 1.1% in the 2nd quarter. SBI Securities Co. Ltd. now owns 16,060 shares of the exchange traded fund’s stock valued at $1,436,000 after buying an additional 172 shares during the last quarter. 79.80% of the stock is owned by hedge funds and other institutional investors.

iShares MSCI EAFE ETF Stock Down 1.6%

iShares MSCI EAFE ETF stock opened at $97.46 on Friday. iShares MSCI EAFE ETF has a 52 week low of $72.14 and a 52 week high of $105.94. The company’s 50 day moving average price is $101.20 and its two-hundred day moving average price is $96.62. The stock has a market cap of $71.93 billion, a P/E ratio of 16.48 and a beta of 0.84.

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.