Ramiah Investment Group Takes Position in iShares MSCI EAFE ETF $EFA

Ramiah Investment Group acquired a new position in shares of iShares MSCI EAFE ETF (NYSEARCA:EFA) during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm acquired 40,340 shares of the exchange traded fund’s stock, valued at approximately $3,767,000. iShares MSCI EAFE ETF accounts for 3.7% of Ramiah Investment Group’s holdings, making the stock its 9th biggest holding.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Pineridge Advisors LLC acquired a new stake in shares of iShares MSCI EAFE ETF during the second quarter worth about $25,000. Addison Advisors LLC grew its position in shares of iShares MSCI EAFE ETF by 56.6% in the 2nd quarter. Addison Advisors LLC now owns 379 shares of the exchange traded fund’s stock valued at $34,000 after purchasing an additional 137 shares during the period. Pflug Koory LLC increased its stake in iShares MSCI EAFE ETF by 65.9% during the 3rd quarter. Pflug Koory LLC now owns 375 shares of the exchange traded fund’s stock worth $35,000 after purchasing an additional 149 shares in the last quarter. Angeles Investment Advisors LLC bought a new stake in iShares MSCI EAFE ETF during the 2nd quarter worth approximately $39,000. Finally, WFA of San Diego LLC acquired a new stake in iShares MSCI EAFE ETF during the 2nd quarter worth approximately $48,000. 79.80% of the stock is owned by institutional investors and hedge funds.

iShares MSCI EAFE ETF Stock Performance

Shares of EFA opened at $97.94 on Friday. The firm has a market cap of $71.93 billion, a P/E ratio of 16.48 and a beta of 0.84. iShares MSCI EAFE ETF has a twelve month low of $72.14 and a twelve month high of $98.48. The firm’s 50 day moving average price is $95.36 and its two-hundred day moving average price is $92.89.

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.