Lockheed Martin Investment Management Co. Purchases 398,015 Shares of iShares MSCI EAFE ETF $EFA

Lockheed Martin Investment Management Co. acquired a new stake in shares of iShares MSCI EAFE ETF (NYSEARCA:EFA) during the third quarter, HoldingsChannel reports. The fund acquired 398,015 shares of the exchange traded fund’s stock, valued at approximately $41,350,000. iShares MSCI EAFE ETF accounts for 2.9% of Lockheed Martin Investment Management Co.’s holdings, making the stock its 8th biggest holding.

A number of other hedge funds have also added to or reduced their stakes in EFA. Oarsman Capital Inc. raised its holdings in iShares MSCI EAFE ETF by 1.2% in the 2nd quarter. Oarsman Capital Inc. now owns 8,031 shares of the exchange traded fund’s stock worth $834,000 after purchasing an additional 98 shares in the last quarter. Pinnacle Wealth Management Advisory Group LLC lifted its position in shares of iShares MSCI EAFE ETF by 1.3% in the 2nd quarter. Pinnacle Wealth Management Advisory Group LLC now owns 7,700 shares of the exchange traded fund’s stock worth $800,000 after purchasing an additional 100 shares during the period. Weaver Consulting Group boosted its stake in shares of iShares MSCI EAFE ETF by 2.1% during the 3rd quarter. Weaver Consulting Group now owns 5,076 shares of the exchange traded fund’s stock valued at $527,000 after purchasing an additional 102 shares in the last quarter. Financial Insights Inc. boosted its stake in shares of iShares MSCI EAFE ETF by 2.5% during the 1st quarter. Financial Insights Inc. now owns 4,158 shares of the exchange traded fund’s stock valued at $404,000 after purchasing an additional 103 shares in the last quarter. Finally, Forum Financial Management LP boosted its stake in shares of iShares MSCI EAFE ETF by 2.0% during the 3rd quarter. Forum Financial Management LP now owns 5,194 shares of the exchange traded fund’s stock valued at $540,000 after purchasing an additional 103 shares in the last quarter. 79.80% of the stock is owned by hedge funds and other institutional investors.

iShares MSCI EAFE ETF Price Performance

Shares of NYSEARCA EFA opened at $104.96 on Tuesday. iShares MSCI EAFE ETF has a 1 year low of $91.21 and a 1 year high of $108.89. The stock has a market capitalization of $77.90 billion, a P/E ratio of 16.48 and a beta of 0.79. The company’s 50-day moving average is $104.59 and its 200 day moving average is $103.36.

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.