BluePointe Capital Management LLC Raises Holdings in iShares MSCI EAFE ETF (NYSEARCA:EFA)

BluePointe Capital Management LLC increased its position in shares of iShares MSCI EAFE ETF (NYSEARCA:EFA) by 15.6% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 59,158 shares of the exchange traded fund’s stock after buying an additional 7,968 shares during the quarter. iShares MSCI EAFE ETF comprises 2.6% of BluePointe Capital Management LLC’s investment portfolio, making the stock its 11th biggest holding. BluePointe Capital Management LLC’s holdings in iShares MSCI EAFE ETF were worth $4,473,000 at the end of the most recent quarter.

Several other institutional investors also recently added to or reduced their stakes in the company. Parkworth Wealth Management Inc. purchased a new stake in shares of iShares MSCI EAFE ETF in the fourth quarter valued at about $32,000. Roxbury Financial LLC purchased a new stake in shares of iShares MSCI EAFE ETF in the fourth quarter valued at about $43,000. Kentucky Trust Co acquired a new position in shares of iShares MSCI EAFE ETF during the fourth quarter worth about $45,000. SYM FINANCIAL Corp raised its holdings in iShares MSCI EAFE ETF by 81.7% during the fourth quarter. SYM FINANCIAL Corp now owns 607 shares of the exchange traded fund’s stock worth $46,000 after purchasing an additional 273 shares in the last quarter. Finally, Synergy Asset Management LLC acquired a new stake in iShares MSCI EAFE ETF in the fourth quarter valued at about $51,000. Institutional investors and hedge funds own 79.80% of the company’s stock.

iShares MSCI EAFE ETF Trading Up 0.3 %

NYSEARCA EFA opened at $84.89 on Thursday. The business’s 50 day moving average is $80.50 and its two-hundred day moving average is $79.90. The stock has a market capitalization of $59.64 billion, a price-to-earnings ratio of 17.21 and a beta of 0.86. iShares MSCI EAFE ETF has a 12-month low of $73.91 and a 12-month high of $85.19.

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.