Sincerus Advisory LLC Takes $5.74 Million Position in iShares MSCI EAFE ETF (NYSEARCA:EFA)

Sincerus Advisory LLC acquired a new position in iShares MSCI EAFE ETF (NYSEARCA:EFA) during the fourth quarter, Holdings Channel reports. The institutional investor acquired 75,906 shares of the exchange traded fund’s stock, valued at approximately $5,739,000. iShares MSCI EAFE ETF makes up about 6.2% of Sincerus Advisory LLC’s portfolio, making the stock its 2nd largest holding.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in EFA. International Assets Investment Management LLC boosted its stake in shares of iShares MSCI EAFE ETF by 6,217.5% during the 3rd quarter. International Assets Investment Management LLC now owns 456,563 shares of the exchange traded fund’s stock worth $38,182,000 after acquiring an additional 449,336 shares in the last quarter. Pettinga Financial Advisors LLC boosted its position in iShares MSCI EAFE ETF by 1.9% during the third quarter. Pettinga Financial Advisors LLC now owns 37,043 shares of the exchange traded fund’s stock worth $3,098,000 after purchasing an additional 690 shares during the period. PFG Investments LLC boosted its position in iShares MSCI EAFE ETF by 15.0% during the third quarter. PFG Investments LLC now owns 6,536 shares of the exchange traded fund’s stock worth $547,000 after purchasing an additional 851 shares during the period. Orrstown Financial Services Inc. grew its holdings in iShares MSCI EAFE ETF by 7.4% during the third quarter. Orrstown Financial Services Inc. now owns 18,558 shares of the exchange traded fund’s stock valued at $1,552,000 after purchasing an additional 1,284 shares during the last quarter. Finally, Traynor Capital Management Inc. raised its position in shares of iShares MSCI EAFE ETF by 190.6% in the third quarter. Traynor Capital Management Inc. now owns 14,209 shares of the exchange traded fund’s stock valued at $1,188,000 after purchasing an additional 9,319 shares during the period. Institutional investors own 79.80% of the company’s stock.

iShares MSCI EAFE ETF Trading Up 0.9 %

Shares of iShares MSCI EAFE ETF stock opened at $82.23 on Wednesday. The firm has a fifty day simple moving average of $78.14 and a 200-day simple moving average of $79.66. The stock has a market capitalization of $57.77 billion, a price-to-earnings ratio of 17.57 and a beta of 0.87. iShares MSCI EAFE ETF has a 1-year low of $73.91 and a 1-year high of $84.56.

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.