Smithbridge Asset Management Inc. DE Buys New Holdings in iShares MSCI EAFE ETF $EFA

Smithbridge Asset Management Inc. DE bought a new stake in iShares MSCI EAFE ETF (NYSEARCA:EFA) in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 25,290 shares of the exchange traded fund’s stock, valued at approximately $2,456,000.

A number of other institutional investors have also modified their holdings of the stock. Horizon Investments LLC boosted its position in shares of iShares MSCI EAFE ETF by 2,520.0% during the 4th quarter. Horizon Investments LLC now owns 262 shares of the exchange traded fund’s stock worth $25,000 after purchasing an additional 252 shares in the last quarter. Hilton Head Capital Partners LLC acquired a new position in iShares MSCI EAFE ETF in the 4th quarter valued at $26,000. Atlas Capital Advisors Inc. purchased a new position in shares of iShares MSCI EAFE ETF during the 4th quarter worth about $29,000. GoalVest Advisory LLC raised its position in shares of iShares MSCI EAFE ETF by 106.4% in the 4th quarter. GoalVest Advisory LLC now owns 388 shares of the exchange traded fund’s stock worth $37,000 after buying an additional 200 shares during the period. Finally, GeoWealth Management LLC acquired a new position in iShares MSCI EAFE ETF during the fourth quarter valued at approximately $37,000. Institutional investors and hedge funds own 79.80% of the company’s stock.

iShares MSCI EAFE ETF Price Performance

Shares of NYSEARCA EFA opened at $103.02 on Thursday. The company has a market capitalization of $76.83 billion, a price-to-earnings ratio of 16.48 and a beta of 0.78. The business has a 50-day moving average of $103.30 and a 200-day moving average of $100.91. iShares MSCI EAFE ETF has a 1-year low of $86.74 and a 1-year high of $105.94.

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.