Valmark Advisers Inc. Boosts Stake in iShares MSCI EAFE ETF $EFA

by · The Cerbat Gem

Valmark Advisers Inc. boosted its position in iShares MSCI EAFE ETF (NYSEARCA:EFAFree Report) by 1.6% in the 3rd quarter, Holdings Channel reports. The firm owned 819,865 shares of the exchange traded fund’s stock after buying an additional 13,149 shares during the quarter. iShares MSCI EAFE ETF accounts for approximately 1.0% of Valmark Advisers Inc.’s portfolio, making the stock its 22nd biggest position. Valmark Advisers Inc.’s holdings in iShares MSCI EAFE ETF were worth $76,551,000 at the end of the most recent quarter.

Other hedge funds have also recently modified their holdings of the company. Brighton Jones LLC grew its position in iShares MSCI EAFE ETF by 5.3% in the 4th quarter. Brighton Jones LLC now owns 236,460 shares of the exchange traded fund’s stock valued at $17,879,000 after acquiring an additional 11,902 shares during the last quarter. Revolve Wealth Partners LLC bought a new stake in shares of iShares MSCI EAFE ETF during the fourth quarter worth $629,000. Acadian Asset Management LLC boosted its stake in shares of iShares MSCI EAFE ETF by 56.6% during the first quarter. Acadian Asset Management LLC now owns 50,860 shares of the exchange traded fund’s stock valued at $4,154,000 after purchasing an additional 18,385 shares during the period. Strs Ohio bought a new position in shares of iShares MSCI EAFE ETF in the first quarter worth about $2,832,000. Finally, Rhumbline Advisers increased its stake in iShares MSCI EAFE ETF by 28.2% in the 1st quarter. Rhumbline Advisers now owns 102,645 shares of the exchange traded fund’s stock worth $8,389,000 after buying an additional 22,581 shares during the period. Institutional investors own 79.80% of the company’s stock.

iShares MSCI EAFE ETF Price Performance

Shares of EFA opened at $98.81 on Friday. The firm has a market capitalization of $72.57 billion, a price-to-earnings ratio of 16.48 and a beta of 0.84. iShares MSCI EAFE ETF has a 1-year low of $72.14 and a 1-year high of $98.89. The company has a 50-day moving average of $95.45 and a 200 day moving average of $92.97.

About iShares MSCI EAFE ETF

(Free Report)

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.

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