Investors Purchase Large Volume of iShares MSCI EAFE ETF Put Options (NYSEARCA:EFA)

iShares MSCI EAFE ETF (NYSEARCA:EFA) saw some unusual options trading activity on Friday. Stock traders purchased 292,519 put options on the company. This represents an increase of approximately 325% compared to the typical daily volume of 68,879 put options.

Institutional Investors Weigh In On iShares MSCI EAFE ETF

Hedge funds and other institutional investors have recently modified their holdings of the company. Copley Financial Group Inc. acquired a new position in shares of iShares MSCI EAFE ETF during the third quarter valued at about $274,000. Logan Capital Management Inc. lifted its position in iShares MSCI EAFE ETF by 9.3% in the 3rd quarter. Logan Capital Management Inc. now owns 2,313 shares of the exchange traded fund’s stock valued at $193,000 after acquiring an additional 197 shares in the last quarter. Inspire Trust Co. N.A. boosted its stake in iShares MSCI EAFE ETF by 12.2% during the 3rd quarter. Inspire Trust Co. N.A. now owns 193,830 shares of the exchange traded fund’s stock valued at $16,210,000 after purchasing an additional 21,000 shares during the last quarter. Franklin Resources Inc. increased its holdings in iShares MSCI EAFE ETF by 1.4% during the 3rd quarter. Franklin Resources Inc. now owns 693,188 shares of the exchange traded fund’s stock worth $57,216,000 after purchasing an additional 9,888 shares in the last quarter. Finally, Synovus Financial Corp raised its stake in shares of iShares MSCI EAFE ETF by 1.2% in the third quarter. Synovus Financial Corp now owns 515,716 shares of the exchange traded fund’s stock worth $43,129,000 after purchasing an additional 5,914 shares during the last quarter. Institutional investors own 79.80% of the company’s stock.

iShares MSCI EAFE ETF Trading Down 0.3 %

Shares of NYSEARCA EFA opened at $75.10 on Friday. iShares MSCI EAFE ETF has a 1-year low of $72.58 and a 1-year high of $84.56. The firm’s 50-day moving average price is $79.02 and its 200-day moving average price is $79.93.

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.