Valmark Advisers Inc. Grows Stock Holdings in iShares MSCI EAFE ETF $EFA

Valmark Advisers Inc. raised its holdings in shares of iShares MSCI EAFE ETF (NYSEARCA:EFA) by 1.6% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 819,865 shares of the exchange traded fund’s stock after purchasing an additional 13,149 shares during the quarter. iShares MSCI EAFE ETF accounts for about 1.0% of Valmark Advisers Inc.’s portfolio, making the stock its 22nd largest position. Valmark Advisers Inc. owned about 0.11% of iShares MSCI EAFE ETF worth $76,551,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in EFA. Pineridge Advisors LLC bought a new position in shares of iShares MSCI EAFE ETF in the 2nd quarter valued at about $25,000. Pflug Koory LLC raised its position in iShares MSCI EAFE ETF by 65.9% during the third quarter. Pflug Koory LLC now owns 375 shares of the exchange traded fund’s stock valued at $35,000 after purchasing an additional 149 shares during the period. Addison Advisors LLC raised its position in iShares MSCI EAFE ETF by 56.6% during the second 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. Angeles Investment Advisors LLC bought a new stake in shares of iShares MSCI EAFE ETF in the 2nd quarter valued at approximately $39,000. Finally, Twin Peaks Wealth Advisors LLC bought a new stake in shares of iShares MSCI EAFE ETF in the 2nd quarter valued at approximately $49,000. 79.80% of the stock is owned by hedge funds and other institutional investors.

iShares MSCI EAFE ETF Stock Performance

NYSEARCA EFA opened at $98.81 on Friday. The company has a market cap of $72.57 billion, a P/E ratio of 16.48 and a beta of 0.84. The business’s 50 day moving average price is $95.45 and its 200-day moving average price is $92.97. iShares MSCI EAFE ETF has a fifty-two week low of $72.14 and a fifty-two week high of $98.89.

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.