Motive Wealth Advisors Makes New $267,000 Investment in iShares MSCI EAFE ETF (NYSEARCA:EFA)

Motive Wealth Advisors acquired a new position in shares of iShares MSCI EAFE ETF (NYSEARCA:EFA) during the first quarter, Holdings Channel.com reports. The institutional investor acquired 3,343 shares of the exchange traded fund’s stock, valued at approximately $267,000.

A number of other hedge funds also recently made changes to their positions in EFA. TD Asset Management Inc boosted its stake in shares of iShares MSCI EAFE ETF by 62.3% in the 4th quarter. TD Asset Management Inc now owns 5,695,838 shares of the exchange traded fund’s stock valued at $429,181,000 after purchasing an additional 2,186,324 shares in the last quarter. Cerity Partners LLC raised its holdings in iShares MSCI EAFE ETF by 283.2% in the 4th quarter. Cerity Partners LLC now owns 2,287,891 shares of the exchange traded fund’s stock valued at $172,393,000 after buying an additional 1,690,837 shares during the last quarter. Halbert Hargrove Global Advisors LLC raised its holdings in iShares MSCI EAFE ETF by 6,928.2% in the 4th quarter. Halbert Hargrove Global Advisors LLC now owns 1,464,122 shares of the exchange traded fund’s stock valued at $110,322,000 after buying an additional 1,443,290 shares during the last quarter. Capital International Investors raised its holdings in iShares MSCI EAFE ETF by 134.9% in the 4th quarter. Capital International Investors now owns 1,911,162 shares of the exchange traded fund’s stock valued at $143,853,000 after buying an additional 1,097,655 shares during the last quarter. Finally, WCM Investment Management LLC raised its holdings in iShares MSCI EAFE ETF by 1,079.3% in the 4th quarter. WCM Investment Management LLC now owns 1,142,675 shares of the exchange traded fund’s stock valued at $86,009,000 after buying an additional 1,045,784 shares during the last quarter. 79.80% of the stock is currently owned by institutional investors and hedge funds.

iShares MSCI EAFE ETF Stock Up 1.1 %

NYSEARCA EFA traded up $0.86 during trading hours on Friday, reaching $81.58. The company’s stock had a trading volume of 9,225,254 shares, compared to its average volume of 13,910,195. The firm has a fifty day simple moving average of $80.01 and a 200-day simple moving average of $77.93. iShares MSCI EAFE ETF has a 52 week low of $65.68 and a 52 week high of $82.16.

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.