Palumbo Wealth Management LLC Takes $1.23 Million Position in iShares MSCI EAFE ETF $EFA

Palumbo Wealth Management LLC acquired a new stake in shares of 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 acquired 12,796 shares of the exchange traded fund’s stock, valued at approximately $1,229,000.

Other hedge funds have also made changes to their positions in the company. MMA Asset Management LLC acquired a new position in shares of iShares MSCI EAFE ETF during the 3rd quarter valued at about $34,000. Pflug Koory LLC increased its holdings in shares of iShares MSCI EAFE ETF by 65.9% during the 3rd quarter. Pflug Koory LLC now owns 375 shares of the exchange traded fund’s stock valued at $35,000 after acquiring an additional 149 shares during the last quarter. Versant Capital Management Inc acquired a new position in shares of iShares MSCI EAFE ETF during the 3rd quarter valued at about $37,000. GoalVest Advisory LLC increased its holdings in shares of iShares MSCI EAFE ETF by 106.4% during the 4th quarter. GoalVest Advisory LLC now owns 388 shares of the exchange traded fund’s stock valued at $37,000 after acquiring an additional 200 shares during the last quarter. Finally, Toth Financial Advisory Corp acquired a new position in shares of iShares MSCI EAFE ETF during the 4th quarter valued at about $41,000. Institutional investors and hedge funds own 79.80% of the company’s stock.

iShares MSCI EAFE ETF Stock Performance

Shares of NYSEARCA EFA opened at $98.35 on Wednesday. The firm has a market cap of $72.58 billion, a price-to-earnings ratio of 16.48 and a beta of 0.82. The business’s 50-day simple moving average is $100.31 and its 200-day simple moving average is $97.22. iShares MSCI EAFE ETF has a 52 week low of $72.22 and a 52 week high of $105.94.

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.