Steph & Co. Boosts Position in iShares MSCI EAFE ETF $EFA

Steph & Co. increased its position in shares of iShares MSCI EAFE ETF (NYSEARCA:EFA) by 21.4% during the 1st quarter, HoldingsChannel reports. The fund owned 28,080 shares of the exchange traded fund’s stock after acquiring an additional 4,955 shares during the quarter. iShares MSCI EAFE ETF comprises approximately 0.8% of Steph & Co.’s portfolio, making the stock its 23rd biggest holding. Steph & Co.’s holdings in iShares MSCI EAFE ETF were worth $2,727,000 at the end of the most recent quarter.

Other hedge funds have also recently modified their holdings of the company. Horizon Investments LLC increased its position in iShares MSCI EAFE ETF by 2,520.0% during the fourth quarter. Horizon Investments LLC now owns 262 shares of the exchange traded fund’s stock worth $25,000 after purchasing an additional 252 shares during the last quarter. Hilton Head Capital Partners LLC acquired a new position in iShares MSCI EAFE ETF in the 4th quarter valued at about $26,000. Atlas Capital Advisors Inc. purchased a new stake in shares of iShares MSCI EAFE ETF in the 4th quarter valued at approximately $29,000. GoalVest Advisory LLC grew its stake in shares of iShares MSCI EAFE ETF by 106.4% in the 4th quarter. GoalVest Advisory LLC now owns 388 shares of the exchange traded fund’s stock valued at $37,000 after buying an additional 200 shares during the period. Finally, GeoWealth Management LLC acquired a new stake in shares of iShares MSCI EAFE ETF during the 4th quarter worth approximately $37,000. Hedge funds and other institutional investors own 79.80% of the company’s stock.

iShares MSCI EAFE ETF Price Performance

Shares of NYSEARCA EFA opened at $102.46 on Wednesday. The company has a market capitalization of $75.62 billion, a P/E ratio of 16.48 and a beta of 0.78. The company has a 50 day simple moving average of $103.35 and a 200-day simple moving average of $100.61. iShares MSCI EAFE ETF has a 1 year low of $86.74 and a 1 year high of $105.94.

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. 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.