Cynosure Group LLC Raises Stock Position in iShares MSCI EAFE ETF $EFA

Cynosure Group LLC raised its stake in shares of iShares MSCI EAFE ETF (NYSEARCA:EFA) by 457.9% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 32,741 shares of the exchange traded fund’s stock after purchasing an additional 26,872 shares during the quarter. Cynosure Group LLC’s holdings in iShares MSCI EAFE ETF were worth $3,144,000 at the end of the most recent reporting period.

Other hedge funds have also added to or reduced their stakes in the company. Horizon Investments LLC increased its position in iShares MSCI EAFE ETF by 2,520.0% during the 4th quarter. Horizon Investments LLC now owns 262 shares of the exchange traded fund’s stock valued at $25,000 after purchasing an additional 252 shares during the period. Hilton Head Capital Partners LLC purchased a new position in iShares MSCI EAFE ETF during the 4th quarter valued at $26,000. Atlas Capital Advisors Inc. purchased a new position in iShares MSCI EAFE ETF during the 4th quarter valued at $29,000. GoalVest Advisory LLC grew its position in shares of iShares MSCI EAFE ETF by 106.4% in the 4th quarter. GoalVest Advisory LLC now owns 388 shares of the exchange traded fund’s stock worth $37,000 after buying an additional 200 shares during the period. Finally, Nemes Rush Group LLC purchased a new stake in shares of iShares MSCI EAFE ETF in the 4th quarter worth about $40,000. 79.80% of the stock is owned by hedge funds and other institutional investors.

iShares MSCI EAFE ETF Price Performance

NYSEARCA:EFA opened at $104.08 on Tuesday. iShares MSCI EAFE ETF has a 1-year low of $85.68 and a 1-year high of $105.94. The firm’s 50-day moving average price is $102.89 and its 200-day moving average price is $100.24. The company has a market capitalization of $76.81 billion, a PE ratio of 16.48 and a beta of 0.78.

iShares MSCI EAFE ETF Profile

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.