Madden Advisory Services Inc. Boosts Position in iShares MSCI EAFE ETF $EFA

Madden Advisory Services Inc. raised its position in shares of iShares MSCI EAFE ETF (NYSEARCA:EFA) by 2.3% during the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 90,943 shares of the exchange traded fund’s stock after acquiring an additional 2,066 shares during the period. iShares MSCI EAFE ETF makes up about 3.5% of Madden Advisory Services Inc.’s investment portfolio, making the stock its 6th largest position. Madden Advisory Services Inc.’s holdings in iShares MSCI EAFE ETF were worth $8,129,000 at the end of the most recent reporting period.

Other hedge funds have also bought and sold shares of the company. Smallwood Wealth Investment Management LLC bought a new position in iShares MSCI EAFE ETF during the first quarter valued at $34,000. Fiduciary Wealth Partners LLC bought a new position in iShares MSCI EAFE ETF during the first quarter valued at $36,000. Elequin Capital LP increased its position in iShares MSCI EAFE ETF by 44.7% during the first 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 last quarter. von Borstel & Associates Inc. bought a new position in shares of iShares MSCI EAFE ETF in the first quarter worth about $43,000. Finally, 3Chopt Investment Partners LLC bought a new position in shares of iShares MSCI EAFE ETF in the first quarter worth about $52,000. Institutional investors own 79.80% of the company’s stock.

iShares MSCI EAFE ETF Trading Down 0.9%

NYSEARCA EFA opened at $94.47 on Wednesday. The company’s 50-day moving average price is $91.92 and its 200-day moving average price is $88.00. The stock has a market cap of $68.13 billion, a PE ratio of 16.48 and a beta of 0.86. iShares MSCI EAFE ETF has a 12 month low of $72.14 and a 12 month high of $95.53.

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.