iShares MSCI EAFE ETF $EFA Shares Purchased by Pinnacle Associates Ltd.

Pinnacle Associates Ltd. raised its stake in shares of iShares MSCI EAFE ETF (NYSEARCA:EFA) by 3.4% in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 38,001 shares of the exchange traded fund’s stock after purchasing an additional 1,243 shares during the period. Pinnacle Associates Ltd.’s holdings in iShares MSCI EAFE ETF were worth $3,397,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Fiduciary Wealth Partners LLC acquired a new position in iShares MSCI EAFE ETF during the first quarter worth approximately $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 worth $37,000 after purchasing an additional 138 shares during the last quarter. von Borstel & Associates Inc. acquired a new position in iShares MSCI EAFE ETF during the first quarter worth approximately $43,000. Cloud Capital Management LLC acquired a new position in iShares MSCI EAFE ETF during the first quarter worth approximately $52,000. Finally, Rice Partnership LLC increased its position in iShares MSCI EAFE ETF by 103.9% during the first quarter. Rice Partnership LLC now owns 730 shares of the exchange traded fund’s stock worth $60,000 after purchasing an additional 372 shares during the last quarter. Institutional investors and hedge funds own 79.80% of the company’s stock.

iShares MSCI EAFE ETF Stock Performance

Shares of EFA stock opened at $94.49 on Friday. iShares MSCI EAFE ETF has a one year low of $72.14 and a one year high of $95.95. The company has a 50 day moving average price of $93.37 and a 200 day moving average price of $89.94. The firm has a market capitalization of $68.15 billion, a price-to-earnings ratio of 16.48 and a beta of 0.84.

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.