Clarus Wealth Advisors Raises Stake in iShares MSCI EAFE ETF (NYSEARCA:EFA)

Clarus Wealth Advisors raised its stake in shares of iShares MSCI EAFE ETF (NYSEARCA:EFA) by 16.3% in the fourth quarter, Holdings Channel reports. The institutional investor owned 25,181 shares of the exchange traded fund’s stock after buying an additional 3,534 shares during the quarter. iShares MSCI EAFE ETF comprises about 0.9% of Clarus Wealth Advisors’ portfolio, making the stock its 29th biggest position. Clarus Wealth Advisors’ holdings in iShares MSCI EAFE ETF were worth $1,885,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently modified their holdings of EFA. Fairscale Capital LLC purchased a new position in iShares MSCI EAFE ETF during the second quarter valued at approximately $37,000. ORG Wealth Partners LLC purchased a new position in shares of iShares MSCI EAFE ETF during the 3rd quarter valued at $39,000. Kennebec Savings Bank bought a new position in shares of iShares MSCI EAFE ETF in the third quarter worth $49,000. Financial Management Professionals Inc. raised its position in shares of iShares MSCI EAFE ETF by 2,734.8% in the third quarter. Financial Management Professionals Inc. now owns 652 shares of the exchange traded fund’s stock worth $54,000 after buying an additional 629 shares in the last quarter. Finally, William Blair Investment Management LLC boosted its stake in iShares MSCI EAFE ETF by 340.9% during the second quarter. William Blair Investment Management LLC now owns 873 shares of the exchange traded fund’s stock valued at $68,000 after buying an additional 675 shares during the period. 79.80% of the stock is currently owned by institutional investors.

iShares MSCI EAFE ETF Stock Performance

Shares of NYSEARCA EFA opened at $75.12 on Wednesday. The stock’s 50-day simple moving average is $77.41 and its two-hundred day simple moving average is $79.52. iShares MSCI EAFE ETF has a twelve month low of $72.58 and a twelve month high of $84.56.

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.