Traders Buy Shares of iShares MSCI EAFE Index Fund (EFA) on Weakness

Investors purchased shares of iShares MSCI EAFE Index Fund (NYSEARCA:EFA) on weakness during trading hours on Wednesday. $531.70 million flowed into the stock on the tick-up and $235.46 million flowed out of the stock on the tick-down, for a money net flow of $296.24 million into the stock. Of all equities tracked, iShares MSCI EAFE Index Fund had the highest net in-flow for the day. iShares MSCI EAFE Index Fund traded down ($0.10) for the day and closed at $73.84

The company has a market capitalization of $89,270.00 and a P/E ratio of -79.40.

Several hedge funds have recently made changes to their positions in EFA. Edge Wealth Management LLC purchased a new stake in iShares MSCI EAFE Index Fund in the 4th quarter worth approximately $101,000. Wealthcare Advisory Partners LLC lifted its stake in iShares MSCI EAFE Index Fund by 237.2% in the 2nd quarter. Wealthcare Advisory Partners LLC now owns 1,585 shares of the exchange traded fund’s stock worth $103,000 after purchasing an additional 1,115 shares in the last quarter. Thornburg Investment Management Inc. purchased a new stake in iShares MSCI EAFE Index Fund in the 3rd quarter worth approximately $106,000. Archford Capital Strategies LLC lifted its stake in iShares MSCI EAFE Index Fund by 400.1% in the 2nd quarter. Archford Capital Strategies LLC now owns 40,000 shares of the exchange traded fund’s stock worth $112,000 after purchasing an additional 32,001 shares in the last quarter. Finally, Quantum Capital Management LLC NJ purchased a new stake in iShares MSCI EAFE Index Fund in the 3rd quarter worth approximately $132,000.

COPYRIGHT VIOLATION WARNING: This article was posted by Dispatch Tribunal and is owned by of Dispatch Tribunal. If you are viewing this article on another website, it was illegally stolen and republished in violation of United States and international copyright & trademark law. The correct version of this article can be read at https://www.dispatchtribunal.com/2018/01/31/traders-buy-shares-of-ishares-msci-eafe-index-fund-efa-on-weakness.html.

iShares MSCI EAFE Index Fund 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.

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

Leave a Reply