Waverly Advisors LLC Has $29.02 Million Stake in iShares MSCI EAFE ETF $EFA

Waverly Advisors LLC grew its stake in shares of iShares MSCI EAFE ETF (NYSEARCA:EFA) by 5.9% in the first quarter, Holdings Channel reports. The institutional investor owned 298,779 shares of the exchange traded fund’s stock after purchasing an additional 16,757 shares during the period. Waverly Advisors LLC’s holdings in iShares MSCI EAFE ETF were worth $29,020,000 as of its most recent filing with the SEC.

Several other hedge funds have also made changes to their positions in the stock. Horizon Investments LLC grew its position in iShares MSCI EAFE ETF by 2,520.0% during the fourth quarter. Horizon Investments LLC now owns 262 shares of the exchange traded fund’s stock worth $25,000 after buying an additional 252 shares in the last quarter. Hilton Head Capital Partners LLC acquired a new position in iShares MSCI EAFE ETF in the 4th quarter valued at approximately $26,000. Atlas Capital Advisors Inc. bought a new stake in shares of iShares MSCI EAFE ETF in the 4th quarter worth approximately $29,000. Scarborough Advisors LLC bought a new stake in shares of iShares MSCI EAFE ETF in the 1st quarter worth approximately $33,000. Finally, GeoWealth Management LLC acquired a new stake in shares of iShares MSCI EAFE ETF during the 4th quarter worth approximately $37,000. Institutional investors own 79.80% of the company’s stock.

iShares MSCI EAFE ETF Trading Up 0.5%

EFA opened at $103.41 on Friday. The stock’s 50 day simple moving average is $103.80 and its 200-day simple moving average is $101.82. The stock has a market cap of $76.44 billion, a PE ratio of 16.48 and a beta of 0.78. iShares MSCI EAFE ETF has a 1 year low of $86.74 and a 1 year high of $105.94.

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.