Financial Perspectives Inc Boosts Holdings in iShares MSCI EAFE ETF $EFA

Financial Perspectives Inc lifted its stake in iShares MSCI EAFE ETF (NYSEARCA:EFA) by 14.0% in the 2nd quarter, HoldingsChannel reports. The firm owned 3,461 shares of the exchange traded fund’s stock after buying an additional 426 shares during the quarter. Financial Perspectives Inc’s holdings in iShares MSCI EAFE ETF were worth $309,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Smallwood Wealth Investment Management LLC purchased a new stake in shares of iShares MSCI EAFE ETF in the 1st quarter worth about $34,000. Fiduciary Wealth Partners LLC purchased a new position in iShares MSCI EAFE ETF during the 1st quarter valued at about $36,000. Elequin Capital LP lifted its position in iShares MSCI EAFE ETF by 44.7% during the 1st 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. purchased a new position in iShares MSCI EAFE ETF during the 1st quarter valued at about $43,000. Finally, 3Chopt Investment Partners LLC purchased a new position in iShares MSCI EAFE ETF during the 1st quarter valued at about $52,000. 79.80% of the stock is owned by hedge funds and other institutional investors.

iShares MSCI EAFE ETF Price Performance

Shares of NYSEARCA EFA opened at $94.51 on Monday. iShares MSCI EAFE ETF has a 1 year low of $72.14 and a 1 year high of $95.53. The stock has a market cap of $68.16 billion, a P/E ratio of 16.48 and a beta of 0.86. The firm has a 50-day moving average of $92.73 and a 200 day moving average of $88.67.

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.