Investors Purchase High Volume of iShares MSCI EAFE ETF Put Options (NYSEARCA:EFA)

iShares MSCI EAFE ETF (NYSEARCA:EFA) was the recipient of some unusual options trading activity on Friday. Investors purchased 102,320 put options on the stock. This is an increase of approximately 37% compared to the typical daily volume of 74,609 put options.

iShares MSCI EAFE ETF Stock Down 1.6%

iShares MSCI EAFE ETF stock traded down $1.67 on Friday, hitting $101.79. The company’s stock had a trading volume of 10,119,811 shares, compared to its average volume of 21,081,682. The firm has a market cap of $75.12 billion, a P/E ratio of 16.48 and a beta of 0.78. The company has a fifty day moving average price of $99.97 and a 200-day moving average price of $98.77. iShares MSCI EAFE ETF has a one year low of $85.68 and a one year high of $105.94.

Institutional Investors Weigh In On iShares MSCI EAFE ETF

Several institutional investors and hedge funds have recently bought and sold shares of EFA. Brighton Jones LLC boosted 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 in the last quarter. Revolve Wealth Partners LLC acquired a new stake in shares of iShares MSCI EAFE ETF in the 4th quarter valued at $629,000. First Trust Advisors LP boosted 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 in the last quarter. NewEdge Advisors LLC boosted 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 in the last quarter. Finally, Sei Investments Co. boosted 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 in the last quarter. Institutional investors own 79.80% of the company’s stock.

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.