Cidel Asset Management Inc. Takes $720,000 Position in iShares MSCI EAFE ETF $EFA

Cidel Asset Management Inc. acquired a new stake in iShares MSCI EAFE ETF (NYSEARCA:EFA) in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 7,500 shares of the exchange traded fund’s stock, valued at approximately $720,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Dynamic Advisor Solutions LLC increased its position in iShares MSCI EAFE ETF by 20.2% during the 3rd quarter. Dynamic Advisor Solutions LLC now owns 33,486 shares of the exchange traded fund’s stock valued at $3,127,000 after purchasing an additional 5,638 shares during the period. HMS Capital Management LLC increased its position in iShares MSCI EAFE ETF by 11.3% during the 3rd quarter. HMS Capital Management LLC now owns 190,530 shares of the exchange traded fund’s stock valued at $17,790,000 after purchasing an additional 19,371 shares during the period. Becker Capital Management Inc. increased its position in iShares MSCI EAFE ETF by 5.9% during the 3rd quarter. Becker Capital Management Inc. now owns 801,714 shares of the exchange traded fund’s stock valued at $74,856,000 after purchasing an additional 44,503 shares during the period. Aegis Wealth Management LLC increased its position in iShares MSCI EAFE ETF by 132.6% during the 3rd quarter. Aegis Wealth Management LLC now owns 27,291 shares of the exchange traded fund’s stock valued at $2,548,000 after purchasing an additional 15,559 shares during the period. Finally, Atria Investments Inc increased its position in iShares MSCI EAFE ETF by 7.7% during the 3rd quarter. Atria Investments Inc now owns 424,296 shares of the exchange traded fund’s stock valued at $39,616,000 after purchasing an additional 30,294 shares during the period. Institutional investors and hedge funds own 79.80% of the company’s stock.

iShares MSCI EAFE ETF Stock Performance

NYSEARCA:EFA opened at $98.49 on Tuesday. The company has a market capitalization of $72.69 billion, a PE ratio of 16.48 and a beta of 0.84. The company has a 50 day simple moving average of $100.38 and a two-hundred day simple moving average of $97.19. iShares MSCI EAFE ETF has a fifty-two week low of $72.14 and a fifty-two week high of $105.94.

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. 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.