Kovack Advisors Inc. Has $285,000 Position in iShares MSCI EAFE ETF $EFA

Kovack Advisors Inc. lessened its holdings in shares of iShares MSCI EAFE ETF (NYSEARCA:EFA) by 94.4% in the 3rd quarter, according to its most recent filing with the SEC. The fund owned 3,048 shares of the exchange traded fund’s stock after selling 51,406 shares during the period. Kovack Advisors Inc.’s holdings in iShares MSCI EAFE ETF were worth $285,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in the business. Schrum Private Wealth Management LLC increased its position in iShares MSCI EAFE ETF by 10.8% in the 3rd quarter. Schrum Private Wealth Management LLC now owns 6,923 shares of the exchange traded fund’s stock worth $646,000 after buying an additional 674 shares during the period. Amara Financial LLC. raised its stake in iShares MSCI EAFE ETF by 8.3% during the 3rd quarter. Amara Financial LLC. now owns 55,817 shares of the exchange traded fund’s stock valued at $5,212,000 after purchasing an additional 4,279 shares during the last quarter. Wealth Alliance LLC acquired a new position in iShares MSCI EAFE ETF during the 3rd quarter valued at $270,000. Fiera Capital Corp boosted its holdings in iShares MSCI EAFE ETF by 7.4% in the 3rd quarter. Fiera Capital Corp now owns 508,927 shares of the exchange traded fund’s stock valued at $47,519,000 after purchasing an additional 34,974 shares during the period. Finally, VeraBank N.A. grew its position in iShares MSCI EAFE ETF by 2.6% in the 3rd quarter. VeraBank N.A. now owns 19,684 shares of the exchange traded fund’s stock worth $1,838,000 after purchasing an additional 500 shares during the last quarter. Institutional investors own 79.80% of the company’s stock.

iShares MSCI EAFE ETF Stock Performance

Shares of EFA opened at $104.90 on Monday. The company has a 50-day simple moving average of $99.60 and a 200-day simple moving average of $95.69. iShares MSCI EAFE ETF has a 52 week low of $72.14 and a 52 week high of $105.24. The firm has a market capitalization of $77.42 billion, a P/E ratio of 16.48 and a beta of 0.84.

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. The Index includes stocks from Europe, Australasia and the Far East. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.