iShares MSCI EAFE ETF Sees Unusually High Options Volume (NYSEARCA:EFA)

iShares MSCI EAFE ETF (NYSEARCA:EFA) was the recipient of some unusual options trading activity on Thursday. Investors bought 83,691 put options on the company. This represents an increase of approximately 41% compared to the typical volume of 59,408 put options.

Hedge Funds Weigh In On iShares MSCI EAFE ETF

Several hedge funds and other institutional investors have recently made changes to their positions in EFA. Triad Wealth Partners LLC bought a new stake in shares of iShares MSCI EAFE ETF during the 2nd quarter valued at about $25,000. SYM FINANCIAL Corp acquired a new stake in shares of iShares MSCI EAFE ETF in the 2nd quarter worth approximately $26,000. Beach Investment Counsel Inc. PA acquired a new stake in shares of iShares MSCI EAFE ETF in the 2nd quarter worth approximately $35,000. Fairscale Capital LLC acquired a new stake in shares of iShares MSCI EAFE ETF in the 2nd quarter worth approximately $37,000. Finally, ORG Wealth Partners LLC acquired a new stake in iShares MSCI EAFE ETF during the third quarter valued at approximately $39,000. Institutional investors and hedge funds own 79.80% of the company’s stock.

iShares MSCI EAFE ETF Trading Down 0.2 %

Shares of EFA traded down $0.14 during mid-day trading on Friday, reaching $77.27. 607,778 shares of the company’s stock were exchanged, compared to its average volume of 12,724,994. iShares MSCI EAFE ETF has a 52-week low of $70.64 and a 52-week high of $84.56. The company has a 50-day simple moving average of $81.08 and a two-hundred day simple moving average of $80.30.

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.