Rockbridge Investment Management LCC Makes New Investment in iShares MSCI EAFE ETF $EFA

Rockbridge Investment Management LCC bought a new stake in shares of iShares MSCI EAFE ETF (NYSEARCA:EFA) during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund bought 4,904 shares of the exchange traded fund’s stock, valued at approximately $471,000.

Other hedge funds also recently modified their holdings of the company. Brighton Jones LLC grew its stake in iShares MSCI EAFE ETF by 5.3% during the 4th quarter. Brighton Jones LLC now owns 236,460 shares of the exchange traded fund’s stock valued at $17,879,000 after acquiring an additional 11,902 shares in the last quarter. Revolve Wealth Partners LLC acquired a new position in shares of iShares MSCI EAFE ETF in the 4th quarter valued at about $629,000. First Trust Advisors LP lifted its position in shares of iShares MSCI EAFE ETF by 13.4% in the second quarter. First Trust Advisors LP now owns 3,190 shares of the exchange traded fund’s stock worth $285,000 after purchasing an additional 377 shares in the last quarter. NewEdge Advisors LLC lifted its position in shares of iShares MSCI EAFE ETF by 21.5% in the second quarter. NewEdge Advisors LLC now owns 115,897 shares of the exchange traded fund’s stock worth $10,360,000 after purchasing an additional 20,528 shares in the last quarter. Finally, Sei Investments Co. boosted its holdings in shares of iShares MSCI EAFE ETF by 6.1% during the second quarter. Sei Investments Co. now owns 75,960 shares of the exchange traded fund’s stock worth $6,790,000 after purchasing an additional 4,348 shares during the period. Hedge funds and other institutional investors own 79.80% of the company’s stock.

iShares MSCI EAFE ETF Stock Performance

Shares of EFA opened at $103.14 on Wednesday. The company’s 50 day moving average price is $99.89 and its 200 day moving average price is $98.64. iShares MSCI EAFE ETF has a 52 week low of $85.68 and a 52 week high of $105.94. The company has a market capitalization of $76.12 billion, a PE ratio of 16.48 and a beta of 0.78.

iShares MSCI EAFE ETF Company 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.