Cornerstone Advisors Asset Management LLC Increases Stock Position in iShares MSCI EAFE ETF $EFA

Cornerstone Advisors Asset Management LLC raised its stake in shares of iShares MSCI EAFE ETF (NYSEARCA:EFA) by 10.6% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 58,843 shares of the exchange traded fund’s stock after purchasing an additional 5,654 shares during the quarter. iShares MSCI EAFE ETF accounts for about 1.0% of Cornerstone Advisors Asset Management LLC’s holdings, making the stock its 25th biggest holding. Cornerstone Advisors Asset Management LLC’s holdings in iShares MSCI EAFE ETF were worth $5,494,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also bought and sold shares of the company. WCM Investment Management LLC raised its position in shares of iShares MSCI EAFE ETF by 77.2% during the 3rd quarter. WCM Investment Management LLC now owns 13,982 shares of the exchange traded fund’s stock valued at $1,300,000 after buying an additional 6,091 shares in the last quarter. Buck Wealth Strategies LLC bought a new position in iShares MSCI EAFE ETF in the third quarter valued at $1,736,000. Money Concepts Capital Corp purchased a new stake in iShares MSCI EAFE ETF during the third quarter valued at about $1,070,000. AGF Management Ltd. lifted its stake in iShares MSCI EAFE ETF by 0.8% during the third quarter. AGF Management Ltd. now owns 51,051 shares of the exchange traded fund’s stock worth $4,767,000 after purchasing an additional 400 shares during the last quarter. Finally, Murphy Middleton Hinkle & Parker Inc. boosted its holdings in shares of iShares MSCI EAFE ETF by 11.4% in the 3rd quarter. Murphy Middleton Hinkle & Parker Inc. now owns 82,526 shares of the exchange traded fund’s stock worth $7,705,000 after purchasing an additional 8,437 shares in the last quarter. Hedge funds and other institutional investors own 79.80% of the company’s stock.

iShares MSCI EAFE ETF Trading Up 0.7%

Shares of iShares MSCI EAFE ETF stock opened at $101.40 on Tuesday. The firm has a market capitalization of $74.83 billion, a PE ratio of 16.48 and a beta of 0.84. iShares MSCI EAFE ETF has a 12 month low of $72.14 and a 12 month high of $102.32. The business’s 50-day moving average price is $97.34 and its 200-day moving average price is $94.27.

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.