BNC Wealth Management LLC Purchases Shares of 18,071 iShares MSCI EAFE ETF (NYSEARCA:EFA)

BNC Wealth Management LLC bought a new position in shares of iShares MSCI EAFE ETF (NYSEARCA:EFA) in the first quarter, Holdings Channel reports. The fund bought 18,071 shares of the exchange traded fund’s stock, valued at approximately $1,477,000.

A number of other hedge funds and other institutional investors also recently modified their holdings of EFA. AllSquare Wealth Management LLC lifted its holdings in shares of iShares MSCI EAFE ETF by 92.7% during the fourth quarter. AllSquare Wealth Management LLC now owns 395 shares of the exchange traded fund’s stock worth $30,000 after buying an additional 190 shares in the last quarter. Parkworth Wealth Management Inc. acquired a new stake in shares of iShares MSCI EAFE ETF during the fourth quarter worth $32,000. Park Square Financial Group LLC acquired a new stake in shares of iShares MSCI EAFE ETF during the fourth quarter worth $33,000. Murphy & Mullick Capital Management Corp acquired a new stake in shares of iShares MSCI EAFE ETF during the fourth quarter worth $36,000. Finally, Mpwm Advisory Solutions LLC acquired a new position in iShares MSCI EAFE ETF in the fourth quarter valued at about $36,000. Institutional investors and hedge funds own 79.80% of the company’s stock.

iShares MSCI EAFE ETF Stock Down 1.3%

EFA stock opened at $89.23 on Friday. The company has a market cap of $62.69 billion, a PE ratio of 16.35 and a beta of 0.83. The business has a 50-day simple moving average of $85.41 and a 200 day simple moving average of $81.56. iShares MSCI EAFE ETF has a 52 week low of $72.15 and a 52 week high of $90.51.

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.