Valmark Advisers Inc. Acquires 22,439 Shares of iShares MSCI EAFE ETF (NYSEARCA:EFA)

Valmark Advisers Inc. increased its holdings in shares of iShares MSCI EAFE ETF (NYSEARCA:EFA) by 3.0% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 777,286 shares of the exchange traded fund’s stock after purchasing an additional 22,439 shares during the period. iShares MSCI EAFE ETF accounts for 0.9% of Valmark Advisers Inc.’s holdings, making the stock its 25th biggest holding. Valmark Advisers Inc. owned about 0.11% of iShares MSCI EAFE ETF worth $58,771,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of EFA. Arvest Bank Trust Division bought a new position in shares of iShares MSCI EAFE ETF during the third quarter valued at approximately $119,220,000. WCM Investment Management LLC boosted its stake in shares of iShares MSCI EAFE ETF by 5,144.9% during the fourth quarter. WCM Investment Management LLC now owns 1,150,986 shares of the exchange traded fund’s stock valued at $87,026,000 after purchasing an additional 1,129,041 shares in the last quarter. Toronto Dominion Bank boosted its stake in iShares MSCI EAFE ETF by 65.7% in the third quarter. Toronto Dominion Bank now owns 2,240,907 shares of the exchange traded fund’s stock valued at $187,407,000 after acquiring an additional 888,764 shares in the last quarter. DRW Securities LLC boosted its stake in iShares MSCI EAFE ETF by 471.5% in the third quarter. DRW Securities LLC now owns 915,832 shares of the exchange traded fund’s stock valued at $76,591,000 after acquiring an additional 755,574 shares in the last quarter. Finally, Greenfield FTC Inc. boosted its stake in iShares MSCI EAFE ETF by 207.7% in the fourth quarter. Greenfield FTC Inc. now owns 893,758 shares of the exchange traded fund’s stock valued at $67,577,000 after acquiring an additional 603,330 shares in the last quarter. 79.80% of the stock is currently owned by institutional investors.

iShares MSCI EAFE ETF Stock Performance

Shares of EFA opened at $81.93 on Friday. iShares MSCI EAFE ETF has a twelve month low of $73.91 and a twelve month high of $84.56. The company has a 50 day moving average of $77.74 and a two-hundred day moving average of $79.41.

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.