Valmark Advisers Inc. Boosts Stake in iShares MSCI EAFE ETF (NYSEARCA:EFA)

Valmark Advisers Inc. grew its stake in iShares MSCI EAFE ETF (NYSEARCA:EFA) by 3.0% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 777,286 shares of the exchange traded fund’s stock after buying an additional 22,439 shares during the period. iShares MSCI EAFE ETF makes up 0.9% of Valmark Advisers Inc.’s investment portfolio, making the stock its 25th largest position. Valmark Advisers Inc.’s holdings in iShares MSCI EAFE ETF were worth $58,771,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Gemmer Asset Management LLC raised its holdings in shares of iShares MSCI EAFE ETF by 0.3% in the third quarter. Gemmer Asset Management LLC now owns 49,571 shares of the exchange traded fund’s stock worth $4,146,000 after buying an additional 155 shares during the last quarter. Private Wealth Advisors LLC raised its holdings in shares of iShares MSCI EAFE ETF by 2.3% in the third quarter. Private Wealth Advisors LLC now owns 27,828 shares of the exchange traded fund’s stock worth $2,310,000 after buying an additional 616 shares during the last quarter. International Assets Investment Management LLC raised its holdings in shares of iShares MSCI EAFE ETF by 6,217.5% in the third quarter. International Assets Investment Management LLC now owns 456,563 shares of the exchange traded fund’s stock worth $38,182,000 after buying an additional 449,336 shares during the last quarter. Summit Trail Advisors LLC raised its holdings in shares of iShares MSCI EAFE ETF by 21.6% during the third quarter. Summit Trail Advisors LLC now owns 341,991 shares of the exchange traded fund’s stock worth $28,601,000 after purchasing an additional 60,685 shares during the last quarter. Finally, Baron Financial Group LLC raised its holdings in shares of iShares MSCI EAFE ETF by 3.7% during the fourth quarter. Baron Financial Group LLC now owns 75,556 shares of the exchange traded fund’s stock worth $5,713,000 after purchasing an additional 2,681 shares during the last quarter. Hedge funds and other institutional investors own 79.80% of the company’s stock.

iShares MSCI EAFE ETF Price Performance

Shares of iShares MSCI EAFE ETF stock opened at $81.93 on Friday. The firm has a fifty day moving average price of $77.74 and a 200 day moving average price of $79.41. iShares MSCI EAFE ETF has a 1 year low of $73.91 and a 1 year high of $84.56.

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.