Flatrock Wealth Partners LLC Takes Position in iShares MSCI EAFE ETF $EFA

Flatrock Wealth Partners LLC bought a new stake in iShares MSCI EAFE ETF (NYSEARCA:EFA) in the 1st quarter, Holdings Channel reports. The institutional investor bought 10,239 shares of the exchange traded fund’s stock, valued at approximately $994,000.

A number of other hedge funds have also recently made changes to their positions in EFA. Brighton Jones LLC raised its holdings in iShares MSCI EAFE ETF by 5.3% in the 4th quarter. Brighton Jones LLC now owns 236,460 shares of the exchange traded fund’s stock valued at $17,879,000 after buying an additional 11,902 shares during the last quarter. Revolve Wealth Partners LLC bought a new stake in shares of iShares MSCI EAFE ETF in the fourth quarter worth $629,000. First Trust Advisors LP raised its position in iShares MSCI EAFE ETF by 13.4% during the 2nd quarter. First Trust Advisors LP now owns 3,190 shares of the exchange traded fund’s stock worth $285,000 after purchasing an additional 377 shares during the last quarter. NewEdge Advisors LLC grew its position in shares of iShares MSCI EAFE ETF by 21.5% in the 2nd quarter. NewEdge Advisors LLC now owns 115,897 shares of the exchange traded fund’s stock valued at $10,360,000 after buying an additional 20,528 shares during the last quarter. Finally, Sei Investments Co. increased its stake in shares of iShares MSCI EAFE ETF by 6.1% in the second quarter. Sei Investments Co. now owns 75,960 shares of the exchange traded fund’s stock valued at $6,790,000 after buying an additional 4,348 shares during the period. 79.80% of the stock is owned by institutional investors and hedge funds.

iShares MSCI EAFE ETF Price Performance

Shares of EFA opened at $104.16 on Wednesday. The business has a 50-day moving average of $103.53 and a 200-day moving average of $101.16. iShares MSCI EAFE ETF has a 1 year low of $86.74 and a 1 year high of $105.94. The company has a market capitalization of $77.43 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.