iShares MSCI EAFE ETF Sees Unusually Large Options Volume (NYSEARCA:EFA)

iShares MSCI EAFE ETF (NYSEARCA:EFA) was the recipient of unusually large options trading on Wednesday. Stock investors bought 124,961 call options on the stock. This represents an increase of 33% compared to the typical volume of 93,830 call options.

iShares MSCI EAFE ETF Stock Performance

Shares of EFA traded up $3.84 during trading hours on Wednesday, hitting $102.19. 12,065,896 shares of the stock were exchanged, compared to its average volume of 23,977,051. iShares MSCI EAFE ETF has a 12-month low of $72.76 and a 12-month high of $105.94. The company has a market cap of $75.42 billion, a price-to-earnings ratio of 16.48 and a beta of 0.82. The stock’s 50-day moving average price is $100.31 and its two-hundred day moving average price is $97.22.

Hedge Funds Weigh In On iShares MSCI EAFE ETF

Several large investors have recently modified their holdings of EFA. Brighton Jones LLC lifted its stake in shares of 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 purchasing an additional 11,902 shares during the last quarter. Revolve Wealth Partners LLC acquired a new position in shares of iShares MSCI EAFE ETF in the 4th quarter valued at $629,000. First Trust Advisors LP lifted its stake in shares of iShares MSCI EAFE ETF by 13.4% in the 2nd quarter. First Trust Advisors LP now owns 3,190 shares of the exchange traded fund’s stock valued at $285,000 after purchasing an additional 377 shares during the last quarter. Gamco Investors INC. ET AL acquired a new position in iShares MSCI EAFE ETF during the 2nd quarter worth about $5,557,000. Finally, Cary Street Partners Financial LLC lifted its stake in iShares MSCI EAFE ETF by 6.7% during the 2nd quarter. Cary Street Partners Financial LLC now owns 33,348 shares of the exchange traded fund’s stock worth $2,981,000 after acquiring an additional 2,105 shares in the last quarter. Institutional investors and hedge funds own 79.80% of the company’s stock.

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. 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.