Financial Partners Group LLC Raises Position in iShares MSCI EAFE ETF (NYSEARCA:EFA)

Financial Partners Group LLC raised its stake in iShares MSCI EAFE ETF (NYSEARCA:EFA) by 6.9% in the 1st quarter, HoldingsChannel.com reports. The firm owned 11,153 shares of the exchange traded fund’s stock after buying an additional 722 shares during the quarter. Financial Partners Group LLC’s holdings in iShares MSCI EAFE ETF were worth $891,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of EFA. Howe & Rusling Inc. raised its stake in shares of iShares MSCI EAFE ETF by 112.7% in the fourth quarter. Howe & Rusling Inc. now owns 336 shares of the exchange traded fund’s stock worth $25,000 after purchasing an additional 178 shares during the last quarter. Arjuna Capital purchased a new stake in shares of iShares MSCI EAFE ETF during the fourth quarter valued at approximately $26,000. Fortis Group Advisors LLC increased its position in shares of iShares MSCI EAFE ETF by 100.0% during the fourth quarter. Fortis Group Advisors LLC now owns 346 shares of the exchange traded fund’s stock valued at $26,000 after acquiring an additional 173 shares during the last quarter. SRS Capital Advisors Inc. increased its position in shares of iShares MSCI EAFE ETF by 183.1% during the fourth quarter. SRS Capital Advisors Inc. now owns 402 shares of the exchange traded fund’s stock valued at $30,000 after acquiring an additional 260 shares during the last quarter. Finally, Joseph Group Capital Management increased its position in shares of iShares MSCI EAFE ETF by 198.6% during the fourth quarter. Joseph Group Capital Management now owns 418 shares of the exchange traded fund’s stock valued at $31,000 after acquiring an additional 278 shares during the last quarter. 79.80% of the stock is owned by hedge funds and other institutional investors.

iShares MSCI EAFE ETF Stock Performance

Shares of EFA traded up $0.09 on Friday, reaching $78.33. 17,425,009 shares of the company’s stock traded hands, compared to its average volume of 13,260,989. The stock’s 50 day simple moving average is $79.60 and its two-hundred day simple moving average is $77.60. iShares MSCI EAFE ETF has a 52-week low of $65.68 and a 52-week high of $82.16.

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.