Yoffe Investment Management LLC Acquires New Shares in iShares MSCI EAFE ETF (NYSEARCA:EFA)

Yoffe Investment Management LLC purchased a new stake in iShares MSCI EAFE ETF (NYSEARCA:EFA) during the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 7,292 shares of the exchange traded fund’s stock, valued at approximately $551,000.

A number of other hedge funds have also modified their holdings of EFA. Annis Gardner Whiting Capital Advisors LLC boosted its stake in iShares MSCI EAFE ETF by 1.4% during the fourth quarter. Annis Gardner Whiting Capital Advisors LLC now owns 736,968 shares of the exchange traded fund’s stock worth $55,722,000 after buying an additional 10,139 shares during the period. Climber Capital SA acquired a new position in shares of iShares MSCI EAFE ETF in the 4th quarter worth approximately $383,000. Guidance Point Advisors LLC boosted its position in shares of iShares MSCI EAFE ETF by 1.4% during the 4th quarter. Guidance Point Advisors LLC now owns 9,354 shares of the exchange traded fund’s stock worth $707,000 after purchasing an additional 126 shares during the period. Arete Wealth Advisors LLC increased its holdings in iShares MSCI EAFE ETF by 2.6% in the 4th quarter. Arete Wealth Advisors LLC now owns 33,008 shares of the exchange traded fund’s stock valued at $2,499,000 after purchasing an additional 849 shares during the last quarter. Finally, World Investment Advisors lifted its stake in iShares MSCI EAFE ETF by 350.7% during the fourth quarter. World Investment Advisors now owns 59,157 shares of the exchange traded fund’s stock worth $4,473,000 after purchasing an additional 46,031 shares in the last quarter. 79.80% of the stock is currently owned by hedge funds and other institutional investors.

iShares MSCI EAFE ETF Trading Down 2.1 %

EFA stock opened at $80.32 on Friday. The business’s fifty day moving average price is $81.85 and its 200 day moving average price is $80.03. iShares MSCI EAFE ETF has a 12-month low of $73.91 and a 12-month high of $85.19. The company has a market capitalization of $56.43 billion, a PE ratio of 16.88 and a beta of 0.81.

iShares MSCI EAFE ETF 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.