Coordinated Financial Services Inc. Buys Shares of 28,540 iShares MSCI EAFE ETF (NYSEARCA:EFA)

Coordinated Financial Services Inc. purchased a new position in shares of iShares MSCI EAFE ETF (NYSEARCA:EFA) during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 28,540 shares of the exchange traded fund’s stock, valued at approximately $2,158,000. iShares MSCI EAFE ETF makes up about 1.7% of Coordinated Financial Services Inc.’s investment portfolio, making the stock its 10th largest position.

Several other hedge funds and other institutional investors have also recently made changes to their positions in EFA. Axis Wealth Partners LLC acquired a new stake in shares of iShares MSCI EAFE ETF during the fourth quarter worth $316,000. Oak Harbor Wealth Partners LLC grew its stake in iShares MSCI EAFE ETF by 13.6% during the 4th quarter. Oak Harbor Wealth Partners LLC now owns 10,644 shares of the exchange traded fund’s stock valued at $805,000 after purchasing an additional 1,271 shares during the last quarter. Rialto Wealth Management LLC acquired a new position in shares of iShares MSCI EAFE ETF in the fourth quarter valued at about $1,860,000. HM Payson & Co. raised its stake in shares of iShares MSCI EAFE ETF by 10.1% in the fourth quarter. HM Payson & Co. now owns 5,905 shares of the exchange traded fund’s stock worth $446,000 after purchasing an additional 540 shares during the last quarter. Finally, Blankinship & Foster LLC acquired a new stake in shares of iShares MSCI EAFE ETF during the fourth quarter worth about $7,312,000. Hedge funds and other institutional investors own 79.80% of the company’s stock.

iShares MSCI EAFE ETF Trading Up 1.0 %

Shares of NYSEARCA:EFA opened at $84.43 on Friday. iShares MSCI EAFE ETF has a twelve month low of $73.91 and a twelve month high of $84.57. The company has a market cap of $59.32 billion, a PE ratio of 17.57 and a beta of 0.87. The company’s 50 day moving average is $79.29 and its 200 day moving average is $79.84.

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.