Alterna Wealth Management Inc. Invests $1 Million in iShares MSCI EAFE ETF (NYSEARCA:EFA)

Alterna Wealth Management Inc. acquired a new position in iShares MSCI EAFE ETF (NYSEARCA:EFA) in the 1st quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 12,234 shares of the exchange traded fund’s stock, valued at approximately $1,000,000.

Other hedge funds have also recently bought and sold shares of the company. AllSquare Wealth Management LLC raised its position in iShares MSCI EAFE ETF by 92.7% during the fourth quarter. AllSquare Wealth Management LLC now owns 395 shares of the exchange traded fund’s stock valued at $30,000 after acquiring an additional 190 shares in the last quarter. Parkworth Wealth Management Inc. bought a new position in shares of iShares MSCI EAFE ETF during the 4th quarter valued at $32,000. Park Square Financial Group LLC acquired a new stake in shares of iShares MSCI EAFE ETF in the 4th quarter valued at $33,000. Smallwood Wealth Investment Management LLC bought a new stake in iShares MSCI EAFE ETF in the first quarter worth $34,000. Finally, Murphy & Mullick Capital Management Corp bought a new position in iShares MSCI EAFE ETF during the fourth quarter valued at about $36,000. 79.80% of the stock is owned by hedge funds and other institutional investors.

iShares MSCI EAFE ETF Stock Performance

EFA opened at $89.24 on Wednesday. The company has a market cap of $63.34 billion, a PE ratio of 16.48 and a beta of 0.86. The stock has a 50-day moving average of $87.46 and a 200-day moving average of $82.29. iShares MSCI EAFE ETF has a 52-week low of $72.15 and a 52-week high of $90.51.

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.