Cim Investment Management Inc. Increases Stock Holdings in iShares MSCI EAFE ETF $EFA

Cim Investment Management Inc. raised its stake in shares of iShares MSCI EAFE ETF (NYSEARCA:EFA) by 99.4% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 111,818 shares of the exchange traded fund’s stock after acquiring an additional 55,749 shares during the quarter. iShares MSCI EAFE ETF makes up about 2.0% of Cim Investment Management Inc.’s portfolio, making the stock its 8th biggest position. Cim Investment Management Inc.’s holdings in iShares MSCI EAFE ETF were worth $8,796,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also bought and sold shares of the stock. Manhattan West Asset Management LLC boosted its position in iShares MSCI EAFE ETF by 1.0% during the 1st quarter. Manhattan West Asset Management LLC now owns 12,560 shares of the exchange traded fund’s stock valued at $1,027,000 after acquiring an additional 119 shares in the last quarter. JFS Wealth Advisors LLC boosted its position in shares of iShares MSCI EAFE ETF by 0.3% in the 1st quarter. JFS Wealth Advisors LLC now owns 48,409 shares of the exchange traded fund’s stock worth $3,956,000 after purchasing an additional 125 shares in the last quarter. Foundations Investment Advisors LLC boosted its position in shares of iShares MSCI EAFE ETF by 2.2% in the 1st quarter. Foundations Investment Advisors LLC now owns 6,100 shares of the exchange traded fund’s stock worth $499,000 after purchasing an additional 130 shares in the last quarter. Elequin Capital LP boosted its position in shares of iShares MSCI EAFE ETF by 44.7% in the 1st quarter. Elequin Capital LP now owns 447 shares of the exchange traded fund’s stock worth $37,000 after purchasing an additional 138 shares in the last quarter. Finally, PFG Investments LLC boosted its position in shares of iShares MSCI EAFE ETF by 2.0% in the 1st quarter. PFG Investments LLC now owns 7,241 shares of the exchange traded fund’s stock worth $592,000 after purchasing an additional 140 shares in the last quarter. Institutional investors own 79.80% of the company’s stock.

iShares MSCI EAFE ETF Price Performance

iShares MSCI EAFE ETF stock opened at $93.36 on Friday. The stock has a market capitalization of $67.33 billion, a price-to-earnings ratio of 16.48 and a beta of 0.86. iShares MSCI EAFE ETF has a 1-year low of $72.14 and a 1-year high of $93.39. The business has a fifty day moving average price of $90.43 and a 200-day moving average price of $86.68.

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.