Petersen Hastings Wealth Advisors Inc. Takes Position in iShares MSCI EAFE ETF $EFA

Petersen Hastings Wealth Advisors Inc. purchased a new stake in iShares MSCI EAFE ETF (NYSEARCA:EFA) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 5,268 shares of the exchange traded fund’s stock, valued at approximately $506,000.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Brighton Jones LLC raised 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 period. Revolve Wealth Partners LLC acquired a new stake in shares of iShares MSCI EAFE ETF in the 4th quarter valued at about $629,000. First Trust Advisors LP raised 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 period. NewEdge Advisors LLC raised its stake in shares of iShares MSCI EAFE ETF by 21.5% in the 2nd quarter. NewEdge Advisors LLC now owns 115,897 shares of the exchange traded fund’s stock valued at $10,360,000 after purchasing an additional 20,528 shares during the period. Finally, Sei Investments Co. raised its stake in shares of iShares MSCI EAFE ETF by 6.1% in the 2nd quarter. Sei Investments Co. now owns 75,960 shares of the exchange traded fund’s stock valued at $6,790,000 after purchasing an additional 4,348 shares during the period. 79.80% of the stock is currently owned by institutional investors.

iShares MSCI EAFE ETF Price Performance

Shares of NYSEARCA EFA opened at $104.95 on Friday. The stock has a market capitalization of $77.45 billion, a price-to-earnings ratio of 16.48 and a beta of 0.78. The business has a 50-day moving average of $101.88 and a 200-day moving average of $99.72. iShares MSCI EAFE ETF has a fifty-two week low of $85.68 and a fifty-two week high of $105.94.

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.