Meridian Wealth Management LLC Raises Holdings in iShares MSCI EAFE ETF (NYSEARCA:EFA)

Meridian Wealth Management LLC boosted its stake in shares of iShares MSCI EAFE ETF (NYSEARCA:EFA) by 9.4% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 44,725 shares of the exchange traded fund’s stock after acquiring an additional 3,851 shares during the quarter. Meridian Wealth Management LLC’s holdings in iShares MSCI EAFE ETF were worth $3,382,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of the stock. Roxbury Financial LLC purchased a new stake in shares of iShares MSCI EAFE ETF during the fourth quarter worth $43,000. Kentucky Trust Co purchased a new stake in iShares MSCI EAFE ETF during the 4th quarter valued at about $45,000. SYM FINANCIAL Corp lifted its stake in iShares MSCI EAFE ETF by 81.7% in the 4th quarter. SYM FINANCIAL Corp now owns 607 shares of the exchange traded fund’s stock worth $46,000 after purchasing an additional 273 shares in the last quarter. POM Investment Strategies LLC boosted its holdings in shares of iShares MSCI EAFE ETF by 186.5% during the 4th quarter. POM Investment Strategies LLC now owns 639 shares of the exchange traded fund’s stock worth $48,000 after purchasing an additional 416 shares during the last quarter. Finally, Kennebec Savings Bank purchased a new stake in shares of iShares MSCI EAFE ETF in the third quarter valued at approximately $49,000. 79.80% of the stock is owned by institutional investors and hedge funds.

iShares MSCI EAFE ETF Stock Performance

NYSEARCA EFA opened at $82.48 on Tuesday. The stock’s fifty day moving average is $78.67 and its two-hundred day moving average is $79.76. The firm has a market capitalization of $57.95 billion, a P/E ratio of 17.57 and a beta of 0.87. iShares MSCI EAFE ETF has a fifty-two week low of $73.91 and a fifty-two week high of $84.56.

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.