Pointe Capital Management LLC Acquires 1,850 Shares of iShares MSCI EAFE ETF (NYSEARCA:EFA)

Pointe Capital Management LLC increased its holdings in iShares MSCI EAFE ETF (NYSEARCA:EFA) by 8.1% in the fourth quarter, HoldingsChannel.com reports. The fund owned 24,595 shares of the exchange traded fund’s stock after acquiring an additional 1,850 shares during the period. iShares MSCI EAFE ETF comprises about 1.1% of Pointe Capital Management LLC’s portfolio, making the stock its 20th largest holding. Pointe Capital Management LLC’s holdings in iShares MSCI EAFE ETF were worth $1,860,000 at the end of the most recent quarter.

Other large investors have also added to or reduced their stakes in the company. Private Wealth Advisors LLC grew its position in shares of iShares MSCI EAFE ETF by 2.3% in the 3rd quarter. Private Wealth Advisors LLC now owns 27,828 shares of the exchange traded fund’s stock worth $2,310,000 after buying an additional 616 shares during the period. International Assets Investment Management LLC grew its stake in shares of iShares MSCI EAFE ETF by 6,217.5% in 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 buying an additional 449,336 shares during the last quarter. Summit Trail Advisors LLC increased its position in iShares MSCI EAFE ETF by 21.6% during the 3rd quarter. Summit Trail Advisors LLC now owns 341,991 shares of the exchange traded fund’s stock valued at $28,601,000 after buying an additional 60,685 shares in the last quarter. Baron Financial Group LLC raised its stake in iShares MSCI EAFE ETF by 3.7% during the fourth quarter. Baron Financial Group LLC now owns 75,556 shares of the exchange traded fund’s stock valued at $5,713,000 after buying an additional 2,681 shares during the last quarter. Finally, Empowered Funds LLC bought a new stake in iShares MSCI EAFE ETF in the fourth quarter worth $79,000. Institutional investors own 79.80% of the company’s stock.

iShares MSCI EAFE ETF Price Performance

Shares of NYSEARCA:EFA opened at $82.23 on Wednesday. The business has a fifty day moving average price of $78.14 and a 200-day moving average price of $79.66. The company has a market capitalization of $57.77 billion, a PE 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.

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.