HBK Sorce Advisory LLC Increases Stock Position in iShares MSCI EAFE ETF (NYSEARCA:EFA)

HBK Sorce Advisory LLC increased its position in iShares MSCI EAFE ETF (NYSEARCA:EFA) by 0.7% in the 4th quarter, Holdings Channel.com reports. The firm owned 34,620 shares of the exchange traded fund’s stock after buying an additional 238 shares during the quarter. HBK Sorce Advisory LLC’s holdings in iShares MSCI EAFE ETF were worth $2,618,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in the company. Avantax Advisory Services Inc. raised its holdings in iShares MSCI EAFE ETF by 46.3% in the fourth quarter. Avantax Advisory Services Inc. now owns 337,149 shares of the exchange traded fund’s stock valued at $25,492,000 after acquiring an additional 106,731 shares in the last quarter. Essential Planning LLC. acquired a new stake in iShares MSCI EAFE ETF in the fourth quarter valued at $5,173,000. Liberty Wealth Management LLC raised its holdings in iShares MSCI EAFE ETF by 5.1% in the fourth quarter. Liberty Wealth Management LLC now owns 8,620 shares of the exchange traded fund’s stock valued at $652,000 after acquiring an additional 417 shares in the last quarter. Hopwood Financial Services Inc. acquired a new stake in iShares MSCI EAFE ETF in the fourth quarter valued at $78,000. Finally, Parkworth Wealth Management Inc. acquired a new stake in iShares MSCI EAFE ETF in the fourth quarter valued at $32,000. 79.80% of the stock is currently owned by hedge funds and other institutional investors.

iShares MSCI EAFE ETF Price Performance

EFA opened at $82.75 on Thursday. The stock has a market capitalization of $58.14 billion, a PE ratio of 17.57 and a beta of 0.87. The firm’s fifty day moving average price is $79.70 and its 200 day moving average price is $79.85. iShares MSCI EAFE ETF has a 12-month low of $73.91 and a 12-month high of $84.57.

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.