Traynor Capital Management Inc. Increases Stock Holdings in iShares MSCI EAFE ETF (NYSEARCA:EFA)

Traynor Capital Management Inc. lifted its stake in shares of iShares MSCI EAFE ETF (NYSEARCA:EFA) by 190.6% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 14,209 shares of the exchange traded fund’s stock after buying an additional 9,319 shares during the period. Traynor Capital Management Inc.’s holdings in iShares MSCI EAFE ETF were worth $1,188,000 at the end of the most recent quarter.

Several other hedge funds also recently modified their holdings of EFA. Triad Wealth Partners LLC purchased a new position in iShares MSCI EAFE ETF in the second quarter worth $25,000. SYM FINANCIAL Corp purchased a new position in shares of iShares MSCI EAFE ETF during the 2nd quarter valued at $26,000. CarsonAllaria Wealth Management Ltd. bought a new stake in shares of iShares MSCI EAFE ETF during the 1st quarter valued at $27,000. Beach Investment Counsel Inc. PA bought a new stake in shares of iShares MSCI EAFE ETF during the 2nd quarter valued at $35,000. Finally, Fairscale Capital LLC bought a new stake in shares of iShares MSCI EAFE ETF during the 2nd quarter valued at $37,000. Hedge funds and other institutional investors own 79.80% of the company’s stock.

iShares MSCI EAFE ETF Trading Up 0.8 %

NYSEARCA:EFA opened at $80.50 on Tuesday. iShares MSCI EAFE ETF has a 52-week low of $66.26 and a 52-week high of $84.56. The business’s fifty day moving average is $81.88 and its 200 day moving average is $80.15.

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.