Richwood Investment Advisors LLC Grows Stake in iShares MSCI EAFE ETF $EFA

Richwood Investment Advisors LLC raised its holdings in shares of iShares MSCI EAFE ETF (NYSEARCA:EFA) by 2.1% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 35,747 shares of the exchange traded fund’s stock after purchasing an additional 734 shares during the period. iShares MSCI EAFE ETF makes up about 2.6% of Richwood Investment Advisors LLC’s investment portfolio, making the stock its 7th largest holding. Richwood Investment Advisors LLC’s holdings in iShares MSCI EAFE ETF were worth $3,195,000 at the end of the most recent quarter.

Other hedge funds have also recently modified their holdings of the company. Smallwood Wealth Investment Management LLC purchased a new stake in shares of iShares MSCI EAFE ETF during the first quarter valued at $34,000. Fiduciary Wealth Partners LLC bought a new position in iShares MSCI EAFE ETF during the 1st quarter valued at about $36,000. Elequin Capital LP lifted its stake in iShares MSCI EAFE ETF by 44.7% during the 1st quarter. Elequin Capital LP now owns 447 shares of the exchange traded fund’s stock valued at $37,000 after acquiring an additional 138 shares during the period. von Borstel & Associates Inc. purchased a new stake in shares of iShares MSCI EAFE ETF during the 1st quarter valued at about $43,000. Finally, 3Chopt Investment Partners LLC bought a new stake in shares of iShares MSCI EAFE ETF in the first quarter worth approximately $52,000. Hedge funds and other institutional investors own 79.80% of the company’s stock.

iShares MSCI EAFE ETF Stock Up 0.2%

EFA opened at $95.30 on Tuesday. The stock has a market capitalization of $68.73 billion, a price-to-earnings ratio of 16.48 and a beta of 0.86. The firm has a 50 day moving average price of $91.81 and a 200-day moving average price of $87.95. iShares MSCI EAFE ETF has a twelve month low of $72.14 and a twelve month high of $95.53.

About iShares MSCI EAFE ETF

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.