Berman McAleer LLC Makes New $1.81 Million Investment in iShares MSCI EAFE ETF $EFA

Berman McAleer LLC purchased a new stake in iShares MSCI EAFE ETF (NYSEARCA:EFA) in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 19,403 shares of the exchange traded fund’s stock, valued at approximately $1,812,000.

A number of other hedge funds also recently modified their holdings of EFA. Independent Wealth Network Inc. raised its position in shares of iShares MSCI EAFE ETF by 1.0% during the third quarter. Independent Wealth Network Inc. now owns 10,994 shares of the exchange traded fund’s stock worth $1,027,000 after acquiring an additional 109 shares during the last quarter. VestGen Advisors LLC raised its holdings in iShares MSCI EAFE ETF by 0.7% during the 2nd quarter. VestGen Advisors LLC now owns 16,210 shares of the exchange traded fund’s stock worth $1,449,000 after purchasing an additional 117 shares during the last quarter. Genesee Capital Advisors LLC raised its holdings in iShares MSCI EAFE ETF by 1.4% during the 2nd quarter. Genesee Capital Advisors LLC now owns 8,657 shares of the exchange traded fund’s stock worth $774,000 after purchasing an additional 120 shares during the last quarter. Wingate Wealth Advisors Inc. boosted its stake in shares of iShares MSCI EAFE ETF by 0.8% in the 3rd quarter. Wingate Wealth Advisors Inc. now owns 15,565 shares of the exchange traded fund’s stock valued at $1,453,000 after purchasing an additional 125 shares during the last quarter. Finally, REDW Wealth LLC increased its position in shares of iShares MSCI EAFE ETF by 3.2% during the third quarter. REDW Wealth LLC now owns 3,977 shares of the exchange traded fund’s stock worth $371,000 after buying an additional 125 shares during the period. Institutional investors and hedge funds own 79.80% of the company’s stock.

iShares MSCI EAFE ETF Stock Down 0.9%

EFA stock opened at $100.74 on Friday. The firm has a market cap of $74.35 billion, a price-to-earnings ratio of 16.48 and a beta of 0.84. The company’s fifty day simple moving average is $97.17 and its 200 day simple moving average is $94.10. iShares MSCI EAFE ETF has a 12-month low of $72.14 and a 12-month high of $102.32.

iShares MSCI EAFE ETF 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. 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.