KLCM Advisors Inc. Makes New $726,000 Investment in iShares MSCI EAFE ETF $EFA

KLCM Advisors Inc. bought a new position in iShares MSCI EAFE ETF (NYSEARCA:EFA) during the fourth quarter, HoldingsChannel.com reports. The fund bought 7,557 shares of the exchange traded fund’s stock, valued at approximately $726,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Horizon Investments LLC increased its stake in iShares MSCI EAFE ETF by 2,520.0% in the fourth quarter. Horizon Investments LLC now owns 262 shares of the exchange traded fund’s stock worth $25,000 after purchasing an additional 252 shares during the period. MMA Asset Management LLC purchased a new stake in iShares MSCI EAFE ETF in the third quarter worth $34,000. GoalVest Advisory LLC increased its stake in iShares MSCI EAFE ETF by 106.4% in the fourth quarter. GoalVest Advisory LLC now owns 388 shares of the exchange traded fund’s stock worth $37,000 after purchasing an additional 200 shares during the period. Versant Capital Management Inc purchased a new stake in iShares MSCI EAFE ETF in the third quarter worth $37,000. Finally, Toth Financial Advisory Corp purchased a new stake in iShares MSCI EAFE ETF in the fourth quarter worth $41,000. Hedge funds and other institutional investors own 79.80% of the company’s stock.

iShares MSCI EAFE ETF Trading Down 0.2%

Shares of iShares MSCI EAFE ETF stock opened at $103.74 on Tuesday. The firm has a market cap of $76.56 billion, a P/E ratio of 16.48 and a beta of 0.78. iShares MSCI EAFE ETF has a 12 month low of $85.65 and a 12 month high of $105.94. The stock’s fifty day moving average price is $99.93 and its 200-day moving average price is $98.58.

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. 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.