114,828 Shares in iShares MSCI EAFE ETF $EFA Purchased by Torrey Payne Wealth Management LLC

Torrey Payne Wealth Management LLC acquired a new position in iShares MSCI EAFE ETF (NYSEARCA:EFA) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 114,828 shares of the exchange traded fund’s stock, valued at approximately $11,537,000. iShares MSCI EAFE ETF makes up about 10.4% of Torrey Payne Wealth Management LLC’s investment portfolio, making the stock its 2nd largest holding.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Horizon Investments LLC grew its holdings in shares of iShares MSCI EAFE ETF by 2,520.0% in the fourth quarter. Horizon Investments LLC now owns 262 shares of the exchange traded fund’s stock valued at $25,000 after acquiring an additional 252 shares in the last quarter. Hilton Head Capital Partners LLC bought a new stake in iShares MSCI EAFE ETF during the fourth quarter worth $26,000. Atlas Capital Advisors Inc. bought a new stake in iShares MSCI EAFE ETF during the fourth quarter worth $29,000. GoalVest Advisory LLC boosted its position in iShares MSCI EAFE ETF by 106.4% in the fourth quarter. GoalVest Advisory LLC now owns 388 shares of the exchange traded fund’s stock worth $37,000 after purchasing an additional 200 shares during the last quarter. Finally, GeoWealth Management LLC purchased a new position in iShares MSCI EAFE ETF in the fourth quarter worth $37,000. 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 $104.41 on Friday. iShares MSCI EAFE ETF has a 1 year low of $85.68 and a 1 year high of $105.94. The firm has a market cap of $77.05 billion, a PE ratio of 16.48 and a beta of 0.78. The stock has a fifty day moving average price of $103.25 and a 200-day moving average price of $100.43.

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. The Index includes stocks from Europe, Australasia and the Far East. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.