Prism Advisors Inc. Purchases 35,985 Shares of iShares MSCI EAFE ETF $EFA

Prism Advisors Inc. increased its position in shares of iShares MSCI EAFE ETF (NYSEARCA:EFA) by 56.2% in the 2nd quarter, HoldingsChannel reports. The firm owned 99,990 shares of the exchange traded fund’s stock after acquiring an additional 35,985 shares during the quarter. iShares MSCI EAFE ETF accounts for 2.5% of Prism Advisors Inc.’s portfolio, making the stock its 14th largest holding. Prism Advisors Inc.’s holdings in iShares MSCI EAFE ETF were worth $8,938,000 as of its most recent SEC filing.

Several other institutional investors have also recently bought and sold shares of EFA. Park Square Financial Group LLC acquired a new position in iShares MSCI EAFE ETF during the fourth quarter worth about $33,000. Smallwood Wealth Investment Management LLC acquired a new position in iShares MSCI EAFE ETF during the first quarter worth about $34,000. Mpwm Advisory Solutions LLC acquired a new position in iShares MSCI EAFE ETF during the fourth quarter worth about $36,000. Fiduciary Wealth Partners LLC acquired a new position in iShares MSCI EAFE ETF during the first quarter worth about $36,000. Finally, Elequin Capital LP raised its stake in iShares MSCI EAFE ETF by 44.7% during the first quarter. Elequin Capital LP now owns 447 shares of the exchange traded fund’s stock worth $37,000 after acquiring an additional 138 shares in the last quarter. Institutional investors and hedge funds own 79.80% of the company’s stock.

iShares MSCI EAFE ETF Trading Down 0.4%

Shares of NYSEARCA EFA opened at $92.99 on Monday. The company has a market cap of $67.06 billion, a price-to-earnings ratio of 16.48 and a beta of 0.86. iShares MSCI EAFE ETF has a 12 month low of $72.14 and a 12 month high of $93.39. The stock has a 50-day moving average price of $90.50 and a two-hundred day moving average price of $86.83.

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.