Next Capital Management LLC Acquires 1,159 Shares of iShares MSCI EAFE ETF $EFA

Next Capital Management LLC raised its stake in shares of iShares MSCI EAFE ETF (NYSEARCA:EFA) by 12.8% in the 2nd quarter, according to its most recent disclosure with the SEC. The firm owned 10,216 shares of the exchange traded fund’s stock after purchasing an additional 1,159 shares during the period. Next Capital Management LLC’s holdings in iShares MSCI EAFE ETF were worth $913,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the stock. Burney Co. lifted its stake in iShares MSCI EAFE ETF by 3.8% in the 2nd quarter. Burney Co. now owns 10,035 shares of the exchange traded fund’s stock worth $897,000 after purchasing an additional 372 shares in the last quarter. Sigma Planning Corp boosted its stake in iShares MSCI EAFE ETF by 3.5% during the second quarter. Sigma Planning Corp now owns 8,836 shares of the exchange traded fund’s stock valued at $790,000 after buying an additional 296 shares during the last quarter. Strategic Financial Concepts LLC purchased a new position in iShares MSCI EAFE ETF during the 2nd quarter valued at approximately $2,040,000. Trail Ridge Investment Advisors LLC bought a new stake in iShares MSCI EAFE ETF in the 2nd quarter worth approximately $1,765,000. Finally, Alexander Randolph Advisory Inc. increased its stake in iShares MSCI EAFE ETF by 33.8% in the 2nd quarter. Alexander Randolph Advisory Inc. now owns 7,256 shares of the exchange traded fund’s stock worth $649,000 after acquiring an additional 1,835 shares during the last quarter. Institutional investors own 79.80% of the company’s stock.

iShares MSCI EAFE ETF Trading Up 0.0%

Shares of NYSEARCA EFA opened at $94.53 on Tuesday. iShares MSCI EAFE ETF has a 12-month low of $72.14 and a 12-month high of $95.95. The firm’s 50-day moving average price is $93.42 and its 200-day moving average price is $90.10. The stock has a market capitalization of $68.18 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.