Geneos Wealth Management Inc. Increases Holdings in iShares MSCI EAFE ETF $EFA

Geneos Wealth Management Inc. boosted its stake in shares of iShares MSCI EAFE ETF (NYSEARCA:EFA) by 16.3% during the first quarter, HoldingsChannel.com reports. The institutional investor owned 245,840 shares of the exchange traded fund’s stock after purchasing an additional 34,434 shares during the quarter. Geneos Wealth Management Inc.’s holdings in iShares MSCI EAFE ETF were worth $23,878,000 at the end of the most recent quarter.

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

iShares MSCI EAFE ETF Price Performance

Shares of EFA stock opened at $104.65 on Thursday. The firm’s 50-day moving average is $103.77 and its two-hundred day moving average is $101.50. iShares MSCI EAFE ETF has a 12 month low of $86.74 and a 12 month high of $105.94. The company has a market capitalization of $77.48 billion, a PE 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.