Sequoia Financial Advisors LLC Buys 1,458 Shares of iShares MSCI EAFE ETF $EFA

Sequoia Financial Advisors LLC raised its position in iShares MSCI EAFE ETF (NYSEARCA:EFA) by 2.2% in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 68,411 shares of the exchange traded fund’s stock after acquiring an additional 1,458 shares during the period. Sequoia Financial Advisors LLC’s holdings in iShares MSCI EAFE ETF were worth $6,115,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. Smallwood Wealth Investment Management LLC bought a new stake in shares of iShares MSCI EAFE ETF in the 1st quarter valued at approximately $34,000. Fiduciary Wealth Partners LLC bought a new position in shares of iShares MSCI EAFE ETF during the first quarter valued at $36,000. Elequin Capital LP lifted its holdings in shares of 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 valued at $37,000 after acquiring an additional 138 shares during the period. von Borstel & Associates Inc. bought a new position in shares of iShares MSCI EAFE ETF during the first quarter valued at $43,000. Finally, 3Chopt Investment Partners LLC acquired a new stake in shares of iShares MSCI EAFE ETF during the 1st quarter worth about $52,000. 79.80% of the stock is currently owned by institutional investors.

iShares MSCI EAFE ETF Stock Up 0.8%

Shares of iShares MSCI EAFE ETF stock opened at $92.98 on Tuesday. The stock has a market capitalization of $67.06 billion, a P/E ratio of 16.48 and a beta of 0.86. The company has a 50-day simple moving average of $92.36 and a 200 day simple moving average of $88.31. iShares MSCI EAFE ETF has a 12-month low of $72.14 and a 12-month high of $95.53.

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.