Main Street Research LLC Buys New Shares in iShares MSCI EAFE ETF (NYSEARCA:EFA)

Main Street Research LLC purchased a new position in iShares MSCI EAFE ETF (NYSEARCA:EFA) during the fourth quarter, HoldingsChannel reports. The institutional investor purchased 9,400 shares of the exchange traded fund’s stock, valued at approximately $708,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Sandy Cove Advisors LLC grew its holdings in iShares MSCI EAFE ETF by 1.0% in the fourth quarter. Sandy Cove Advisors LLC now owns 14,342 shares of the exchange traded fund’s stock valued at $1,081,000 after purchasing an additional 138 shares during the period. Pallas Capital Advisors LLC grew its stake in shares of iShares MSCI EAFE ETF by 0.5% during the 4th quarter. Pallas Capital Advisors LLC now owns 26,453 shares of the exchange traded fund’s stock valued at $1,993,000 after buying an additional 141 shares during the period. Hubbell Strickland Wealth Management LLC grew its stake in shares of iShares MSCI EAFE ETF by 0.7% during the 4th quarter. Hubbell Strickland Wealth Management LLC now owns 21,329 shares of the exchange traded fund’s stock valued at $1,607,000 after buying an additional 143 shares during the period. Traynor Capital Management Inc. increased its stake in iShares MSCI EAFE ETF by 1.6% during the third quarter. Traynor Capital Management Inc. now owns 9,545 shares of the exchange traded fund’s stock worth $658,000 after acquiring an additional 149 shares during the last quarter. Finally, W.G. Shaheen & Associates DBA Whitney & Co increased its position in iShares MSCI EAFE ETF by 4.1% during the 3rd quarter. W.G. Shaheen & Associates DBA Whitney & Co now owns 3,820 shares of the exchange traded fund’s stock worth $263,000 after purchasing an additional 150 shares in the last quarter. Hedge funds and other institutional investors own 79.80% of the company’s stock.

iShares MSCI EAFE ETF Trading Down 0.6 %

NYSEARCA:EFA traded down $0.43 during mid-day trading on Tuesday, hitting $76.58. The company had a trading volume of 14,747,468 shares, compared to its average volume of 15,134,442. The business has a fifty day simple moving average of $77.95 and a 200-day simple moving average of $73.98. iShares MSCI EAFE ETF has a 1 year low of $65.68 and a 1 year high of $80.06.

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.