NewEdge Advisors LLC Acquires 8,734 Shares of iShares MSCI EAFE ETF $EFA

NewEdge Advisors LLC boosted its holdings in iShares MSCI EAFE ETF (NYSEARCA:EFA) by 7.0% during the first quarter, Holdings Channel.com reports. The firm owned 133,724 shares of the exchange traded fund’s stock after acquiring an additional 8,734 shares during the quarter. NewEdge Advisors LLC’s holdings in iShares MSCI EAFE ETF were worth $12,989,000 as of its most recent SEC filing.

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

iShares MSCI EAFE ETF Trading Up 1.1%

Shares of NYSEARCA:EFA opened at $108.55 on Friday. The stock has a fifty day simple moving average of $104.20 and a two-hundred day simple moving average of $102.32. iShares MSCI EAFE ETF has a 12-month low of $89.88 and a 12-month high of $108.76. The stock has a market capitalization of $80.24 billion, a price-to-earnings ratio of 16.48 and a beta of 0.78.

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.