Pointe Capital Management LLC Purchases 1,850 Shares of iShares MSCI EAFE ETF (NYSEARCA:EFA)

Pointe Capital Management LLC lifted its position in iShares MSCI EAFE ETF (NYSEARCA:EFA) by 8.1% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 24,595 shares of the exchange traded fund’s stock after purchasing an additional 1,850 shares during the quarter. iShares MSCI EAFE ETF accounts for about 1.1% of Pointe Capital Management LLC’s holdings, making the stock its 20th largest holding. Pointe Capital Management LLC’s holdings in iShares MSCI EAFE ETF were worth $1,860,000 at the end of the most recent reporting period.

Other institutional investors have also recently modified their holdings of the company. Armor Investment Advisors LLC grew its position in iShares MSCI EAFE ETF by 4.7% during the fourth quarter. Armor Investment Advisors LLC now owns 2,856 shares of the exchange traded fund’s stock valued at $216,000 after acquiring an additional 127 shares during the last quarter. Landmark Wealth Management LLC boosted its stake in shares of iShares MSCI EAFE ETF by 2.3% in the 4th quarter. Landmark Wealth Management LLC now owns 5,730 shares of the exchange traded fund’s stock valued at $433,000 after purchasing an additional 130 shares in the last quarter. Capital Performance Advisors LLP grew its holdings in shares of iShares MSCI EAFE ETF by 4.1% during the 3rd quarter. Capital Performance Advisors LLP now owns 3,357 shares of the exchange traded fund’s stock valued at $281,000 after purchasing an additional 133 shares during the last quarter. Palumbo Wealth Management LLC raised its position in iShares MSCI EAFE ETF by 1.1% in the 4th quarter. Palumbo Wealth Management LLC now owns 12,497 shares of the exchange traded fund’s stock worth $945,000 after purchasing an additional 142 shares during the period. Finally, Meritage Portfolio Management raised its position in iShares MSCI EAFE ETF by 4.8% in the 4th quarter. Meritage Portfolio Management now owns 3,119 shares of the exchange traded fund’s stock worth $236,000 after purchasing an additional 144 shares during the period. 79.80% of the stock is currently owned by institutional investors.

iShares MSCI EAFE ETF Stock Up 0.9 %

NYSEARCA EFA opened at $82.23 on Wednesday. The company has a 50-day simple moving average of $78.14 and a two-hundred day simple moving average of $79.66. iShares MSCI EAFE ETF has a 12-month low of $73.91 and a 12-month high of $84.56. The firm has a market cap of $57.77 billion, a price-to-earnings ratio of 17.57 and a beta of 0.87.

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.