Focus Partners Wealth Grows Stake in iShares MSCI EAFE ETF (NYSEARCA:EFA)

Focus Partners Wealth grew its holdings in shares of iShares MSCI EAFE ETF (NYSEARCA:EFA) by 19.9% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 647,618 shares of the exchange traded fund’s stock after acquiring an additional 107,658 shares during the quarter. Focus Partners Wealth’s holdings in iShares MSCI EAFE ETF were worth $50,895,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Noble Wealth Management PBC bought a new position in iShares MSCI EAFE ETF in the fourth quarter worth $1,353,000. Empowered Funds LLC bought a new position in shares of iShares MSCI EAFE ETF in the 4th quarter worth about $79,000. Proficio Capital Partners LLC purchased a new position in iShares MSCI EAFE ETF during the 4th quarter valued at about $972,000. Baron Financial Group LLC boosted its stake in iShares MSCI EAFE ETF by 3.7% during the fourth quarter. Baron Financial Group LLC now owns 75,556 shares of the exchange traded fund’s stock worth $5,713,000 after acquiring an additional 2,681 shares in the last quarter. Finally, Clientfirst Wealth Management LLC purchased a new stake in iShares MSCI EAFE ETF in the fourth quarter worth about $397,000. Institutional investors own 79.80% of the company’s stock.

iShares MSCI EAFE ETF Stock Performance

EFA stock opened at $85.97 on Friday. The firm has a 50 day moving average price of $82.17 and a 200-day moving average price of $79.87. iShares MSCI EAFE ETF has a 52-week low of $72.15 and a 52-week high of $86.48. The firm has a market capitalization of $60.40 billion, a price-to-earnings ratio of 16.12 and a beta of 0.81.

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.