Stock Traders Buy High Volume of Call Options on iShares MSCI EAFE ETF (NYSEARCA:EFA)

by · The Cerbat Gem

iShares MSCI EAFE ETF (NYSEARCA:EFA – Get Free Report) was the recipient of some unusual options trading on Monday. Stock traders purchased 179,936 call options on the company. This represents an increase of approximately 147% compared to the average volume of 72,804 call options.

Institutional Trading of iShares MSCI EAFE ETF

Hedge funds and other institutional investors have recently modified their holdings of the stock. Atlantic Union Bankshares Corp increased its position in shares of iShares MSCI EAFE ETF by 49.7% during the 2nd quarter. Atlantic Union Bankshares Corp now owns 96,644 shares of the exchange traded fund’s stock valued at $8,639,000 after purchasing an additional 32,097 shares during the last quarter. Ellis Investment Partners LLC lifted its position in iShares MSCI EAFE ETF by 153.1% in the 2nd quarter. Ellis Investment Partners LLC now owns 54,314 shares of the exchange traded fund’s stock worth $4,855,000 after buying an additional 32,851 shares during the last quarter. CMG Global Holdings LLC boosted its stake in iShares MSCI EAFE ETF by 6.0% in the second quarter. CMG Global Holdings LLC now owns 31,388 shares of the exchange traded fund’s stock worth $2,803,000 after buying an additional 1,785 shares in the last quarter. Cove Private Wealth LLC bought a new position in iShares MSCI EAFE ETF during the second quarter valued at approximately $312,000. Finally, Townsend Asset Management Corp NC ADV grew its position in iShares MSCI EAFE ETF by 2.1% during the second quarter. Townsend Asset Management Corp NC ADV now owns 7,914 shares of the exchange traded fund’s stock valued at $707,000 after acquiring an additional 164 shares during the last quarter. Institutional investors own 79.80% of the company’s stock.

iShares MSCI EAFE ETF Stock Performance

Shares of EFA traded up $0.60 during mid-day trading on Monday, reaching $97.10. The company had a trading volume of 14,756,220 shares, compared to its average volume of 14,836,808. The company has a market capitalization of $70.03 billion, a price-to-earnings ratio of 16.48 and a beta of 0.84. The company’s 50 day simple moving average is $94.63 and its 200 day simple moving average is $91.92. iShares MSCI EAFE ETF has a 1-year low of $72.14 and a 1-year high of $97.42.

About iShares MSCI EAFE ETF

(Get 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.

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