Transcendent Capital Group LLC Increases Position in iShares MSCI EAFE ETF $EFA

Transcendent Capital Group LLC increased its stake in iShares MSCI EAFE ETF (NYSEARCA:EFA) by 3.7% in the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 4,266 shares of the exchange traded fund’s stock after acquiring an additional 153 shares during the period. Transcendent Capital Group LLC’s holdings in iShares MSCI EAFE ETF were worth $381,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in EFA. Smallwood Wealth Investment Management LLC purchased a new position in iShares MSCI EAFE ETF in the first quarter worth $34,000. Fiduciary Wealth Partners LLC purchased a new stake in iShares MSCI EAFE ETF during the first quarter valued at about $36,000. Elequin Capital LP boosted its position in iShares MSCI EAFE ETF by 44.7% during the first quarter. Elequin Capital LP now owns 447 shares of the exchange traded fund’s stock valued at $37,000 after buying an additional 138 shares during the period. von Borstel & Associates Inc. purchased a new stake in iShares MSCI EAFE ETF during the first quarter valued at about $43,000. Finally, 3Chopt Investment Partners LLC purchased a new stake in iShares MSCI EAFE ETF during the first quarter valued at about $52,000. 79.80% of the stock is currently owned by hedge funds and other institutional investors.

iShares MSCI EAFE ETF Stock Down 1.8%

NYSEARCA EFA opened at $92.24 on Friday. The company has a 50-day simple moving average of $92.27 and a two-hundred day simple moving average of $88.21. iShares MSCI EAFE ETF has a 12-month low of $72.14 and a 12-month high of $95.53. The firm has a market cap of $66.52 billion, a price-to-earnings ratio of 16.48 and a beta of 0.86.

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.