Pinnacle Associates Ltd. boosted its holdings in iShares MSCI EAFE ETF (NYSEARCA:EFA) by 4.7% in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 77,758 shares of the exchange traded fund’s stock after purchasing an additional 3,520 shares during the quarter. Pinnacle Associates Ltd.’s holdings in iShares MSCI EAFE ETF were worth $5,111,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of EFA. Rikoon Group LLC increased its holdings in shares of iShares MSCI EAFE ETF by 0.9% during the first quarter. Rikoon Group LLC now owns 16,215 shares of the exchange traded fund’s stock valued at $1,052,000 after acquiring an additional 151 shares in the last quarter. Reston Wealth Management LLC grew its holdings in iShares MSCI EAFE ETF by 3.1% during the second quarter. Reston Wealth Management LLC now owns 5,047 shares of the exchange traded fund’s stock worth $332,000 after buying an additional 154 shares in the last quarter. Connecticut Wealth Management LLC grew its holdings in iShares MSCI EAFE ETF by 1.7% during the second quarter. Connecticut Wealth Management LLC now owns 9,401 shares of the exchange traded fund’s stock worth $618,000 after buying an additional 158 shares in the last quarter. Cypress Wealth Services LLC grew its holdings in iShares MSCI EAFE ETF by 1.8% during the first quarter. Cypress Wealth Services LLC now owns 9,370 shares of the exchange traded fund’s stock worth $608,000 after buying an additional 163 shares in the last quarter. Finally, Cornerstone Wealth Management LLC grew its holdings in iShares MSCI EAFE ETF by 1.0% during the second quarter. Cornerstone Wealth Management LLC now owns 17,271 shares of the exchange traded fund’s stock worth $1,134,000 after buying an additional 163 shares in the last quarter.

iShares MSCI EAFE ETF stock traded up $0.58 during trading on Wednesday, hitting $63.00. 419,227 shares of the company were exchanged, compared to its average volume of 26,127,582. The business’s 50 day moving average is $64.56 and its 200 day moving average is $64.80. iShares MSCI EAFE ETF has a 52 week low of $56.77 and a 52 week high of $69.13.

iShares MSCI EAFE ETF 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.

Read More: The role of implied volatility with call option volume

Institutional Ownership by Quarter for iShares MSCI EAFE ETF (NYSEARCA:EFA)

Receive News & Ratings for iShares MSCI EAFE ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares MSCI EAFE ETF and related companies with MarketBeat.com's FREE daily email newsletter.