BIP Wealth LLC Buys 51,891 Shares of iShares MSCI EAFE ETF (NYSEARCA:EFA)

BIP Wealth LLC increased its stake in iShares MSCI EAFE ETF (NYSEARCA:EFA) by 8.5% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 659,487 shares of the exchange traded fund’s stock after purchasing an additional 51,891 shares during the quarter. iShares MSCI EAFE ETF accounts for 3.8% of BIP Wealth LLC’s investment portfolio, making the stock its 6th largest position. BIP Wealth LLC owned approximately 0.09% of iShares MSCI EAFE ETF worth $55,150,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the stock. Argus Investors Counsel Inc. boosted its holdings in shares of iShares MSCI EAFE ETF by 3.6% in the 3rd quarter. Argus Investors Counsel Inc. now owns 3,632 shares of the exchange traded fund’s stock valued at $304,000 after buying an additional 125 shares during the period. Rebalance LLC boosted its stake in iShares MSCI EAFE ETF by 0.4% in the second quarter. Rebalance LLC now owns 29,644 shares of the exchange traded fund’s stock valued at $2,322,000 after acquiring an additional 126 shares during the period. Schwab Charitable Fund grew its holdings in shares of iShares MSCI EAFE ETF by 1.5% during the first quarter. Schwab Charitable Fund now owns 8,716 shares of the exchange traded fund’s stock valued at $696,000 after purchasing an additional 129 shares during the last quarter. Sandy Cove Advisors LLC raised its position in shares of iShares MSCI EAFE ETF by 0.9% during the 2nd quarter. Sandy Cove Advisors LLC now owns 14,474 shares of the exchange traded fund’s stock worth $1,134,000 after purchasing an additional 132 shares during the period. Finally, Keystone Wealth Services LLC lifted its holdings in shares of iShares MSCI EAFE ETF by 1.2% in the 3rd quarter. Keystone Wealth Services LLC now owns 11,581 shares of the exchange traded fund’s stock worth $968,000 after purchasing an additional 132 shares during the last quarter. Institutional investors and hedge funds own 79.80% of the company’s stock.

iShares MSCI EAFE ETF Stock Performance

NYSEARCA:EFA opened at $77.57 on Tuesday. The business has a 50 day simple moving average of $80.97 and a 200 day simple moving average of $80.33. iShares MSCI EAFE ETF has a 12-month low of $71.63 and a 12-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.