144,092 Shares in iShares MSCI EAFE ETF $EFA Purchased by Diversified Management Inc.

Diversified Management Inc. purchased a new position in iShares MSCI EAFE ETF (NYSEARCA:EFA) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 144,092 shares of the exchange traded fund’s stock, valued at approximately $13,837,000. iShares MSCI EAFE ETF comprises about 3.2% of Diversified Management Inc.’s holdings, making the stock its 8th biggest position.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. MMA Asset Management LLC purchased a new stake in iShares MSCI EAFE ETF in the third quarter worth $34,000. Pflug Koory LLC increased its position in iShares MSCI EAFE ETF by 65.9% in the third quarter. Pflug Koory LLC now owns 375 shares of the exchange traded fund’s stock worth $35,000 after buying an additional 149 shares during the last quarter. Versant Capital Management Inc purchased a new stake in iShares MSCI EAFE ETF in the third quarter worth $37,000. GoalVest Advisory LLC increased its position in iShares MSCI EAFE ETF by 106.4% in the fourth quarter. GoalVest Advisory LLC now owns 388 shares of the exchange traded fund’s stock worth $37,000 after buying an additional 200 shares during the last quarter. Finally, Toth Financial Advisory Corp purchased a new stake in iShares MSCI EAFE ETF in the fourth quarter worth $41,000. 79.80% of the stock is owned by hedge funds and other institutional investors.

iShares MSCI EAFE ETF Price Performance

NYSEARCA:EFA opened at $103.31 on Thursday. The business has a fifty day simple moving average of $100.47 and a two-hundred day simple moving average of $97.61. iShares MSCI EAFE ETF has a 1 year low of $79.94 and a 1 year high of $105.94. The company has a market capitalization of $76.24 billion, a P/E ratio of 16.48 and a beta of 0.80.

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. The Index includes stocks from Europe, Australasia and the Far East. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.