RMR Wealth Builders Grows Stock Holdings in iShares MSCI EAFE ETF (NYSEARCA:EFA)

RMR Wealth Builders increased its holdings in iShares MSCI EAFE ETF (NYSEARCA:EFA) by 2.3% in the fourth quarter, HoldingsChannel.com reports. The firm owned 63,312 shares of the exchange traded fund’s stock after buying an additional 1,424 shares during the quarter. iShares MSCI EAFE ETF makes up 0.5% of RMR Wealth Builders’ holdings, making the stock its 29th biggest holding. RMR Wealth Builders’ holdings in iShares MSCI EAFE ETF were worth $4,787,000 at the end of the most recent quarter.

A number of other hedge funds have also made changes to their positions in the company. SYM FINANCIAL Corp acquired a new stake in iShares MSCI EAFE ETF in the 2nd quarter valued at about $26,000. Fairscale Capital LLC acquired a new stake in iShares MSCI EAFE ETF during the second quarter worth about $37,000. ORG Wealth Partners LLC purchased a new position in iShares MSCI EAFE ETF during the third quarter worth about $39,000. Kennebec Savings Bank acquired a new stake in shares of iShares MSCI EAFE ETF during the 3rd quarter worth approximately $49,000. Finally, Financial Management Professionals Inc. raised its position in shares of iShares MSCI EAFE ETF by 2,734.8% during the 3rd quarter. Financial Management Professionals Inc. now owns 652 shares of the exchange traded fund’s stock valued at $54,000 after buying an additional 629 shares during the period. Institutional investors and hedge funds own 79.80% of the company’s stock.

iShares MSCI EAFE ETF Stock Performance

Shares of NYSEARCA EFA traded down $1.16 during mid-day trading on Friday, reaching $75.06. 12,021,302 shares of the company’s stock were exchanged, compared to its average volume of 11,786,342. The company’s 50-day moving average is $77.69 and its 200-day moving average is $79.57. iShares MSCI EAFE ETF has a 52-week low of $72.58 and a 52-week high of $84.56.

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.