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

Berman McAleer LLC acquired a new stake in iShares MSCI EAFE ETF (NYSEARCA:EFA) in the 3rd quarter, Holdings Channel reports. The firm acquired 19,403 shares of the exchange traded fund’s stock, valued at approximately $1,812,000.

A number of other institutional investors also recently modified their holdings of EFA. Pineridge Advisors LLC bought a new position in shares of iShares MSCI EAFE ETF during the 2nd quarter worth about $25,000. Addison Advisors LLC boosted its holdings in iShares MSCI EAFE ETF by 56.6% in the second quarter. Addison Advisors LLC now owns 379 shares of the exchange traded fund’s stock worth $34,000 after acquiring an additional 137 shares in the last quarter. Pflug Koory LLC grew its stake in iShares MSCI EAFE ETF by 65.9% in the third quarter. Pflug Koory LLC now owns 375 shares of the exchange traded fund’s stock valued at $35,000 after acquiring an additional 149 shares during the period. Versant Capital Management Inc bought a new stake in shares of iShares MSCI EAFE ETF during the third quarter valued at approximately $37,000. Finally, Angeles Investment Advisors LLC bought a new stake in shares of iShares MSCI EAFE ETF during the second quarter valued at approximately $39,000. Institutional investors and hedge funds own 79.80% of the company’s stock.

iShares MSCI EAFE ETF Stock Down 0.9%

Shares of EFA opened at $100.74 on Friday. The business’s fifty day moving average is $97.17 and its 200 day 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. The stock has a market cap of $74.35 billion, a P/E ratio of 16.48 and a beta of 0.84.

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. 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.