Sterling Group Wealth Management LLC Increases Holdings in iShares MSCI EAFE ETF $EFA

Sterling Group Wealth Management LLC grew its holdings in iShares MSCI EAFE ETF (NYSEARCA:EFA) by 4.1% during the 1st quarter, HoldingsChannel reports. The firm owned 136,729 shares of the exchange traded fund’s stock after purchasing an additional 5,415 shares during the quarter. iShares MSCI EAFE ETF comprises approximately 6.3% of Sterling Group Wealth Management LLC’s holdings, making the stock its 5th largest position. Sterling Group Wealth Management LLC’s holdings in iShares MSCI EAFE ETF were worth $13,280,000 at the end of the most recent reporting period.

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

iShares MSCI EAFE ETF Stock Performance

Shares of NYSEARCA:EFA opened at $103.24 on Tuesday. The company has a fifty day moving average of $103.74 and a 200-day moving average of $101.39. The company has a market capitalization of $76.44 billion, a PE ratio of 16.48 and a beta of 0.78. iShares MSCI EAFE ETF has a 52-week low of $86.74 and a 52-week high of $105.94.

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. 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.