Michels Family Financial LLC Invests $1.16 Million in iShares MSCI EAFE ETF (NYSEARCA:EFA)

Michels Family Financial LLC bought a new position in iShares MSCI EAFE ETF (NYSEARCA:EFA) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 15,320 shares of the exchange traded fund’s stock, valued at approximately $1,158,000. iShares MSCI EAFE ETF makes up approximately 1.1% of Michels Family Financial LLC’s investment portfolio, making the stock its 24th biggest position.

A number of other institutional investors also recently modified their holdings of EFA. Breakthru Advisory Services LLC purchased a new stake in iShares MSCI EAFE ETF in the 4th quarter valued at $2,776,000. Burgundy Asset Management Ltd. purchased a new position in shares of iShares MSCI EAFE ETF during the 4th quarter valued at $15,905,000. City National Bank of Florida MSD bought a new position in iShares MSCI EAFE ETF during the fourth quarter worth about $604,000. Inspire Trust Co. N.A. grew its stake in iShares MSCI EAFE ETF by 5.2% in the 4th quarter. Inspire Trust Co. N.A. now owns 203,830 shares of the exchange traded fund’s stock valued at $15,412,000 after buying an additional 10,000 shares in the last quarter. Finally, MidWestOne Financial Group Inc. grew its position in shares of iShares MSCI EAFE ETF by 2.0% in the fourth quarter. MidWestOne Financial Group Inc. now owns 19,245 shares of the exchange traded fund’s stock valued at $1,455,000 after purchasing an additional 370 shares in the last quarter. Institutional investors and hedge funds own 79.80% of the company’s stock.

iShares MSCI EAFE ETF Price Performance

NYSEARCA EFA opened at $88.04 on Friday. iShares MSCI EAFE ETF has a 1 year low of $72.15 and a 1 year high of $88.89. The stock has a market capitalization of $61.86 billion, a PE ratio of 16.35 and a beta of 0.84. The company’s 50 day simple moving average is $82.94 and its two-hundred day simple moving average is $80.39.

iShares MSCI EAFE ETF Company 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.