Foundation Wealth Management LLC PA Takes $6.40 Million Position in iShares MSCI EAFE ETF (NYSEARCA:EFA)

Foundation Wealth Management LLC PA acquired a new position in iShares MSCI EAFE ETF (NYSEARCA:EFA) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 84,653 shares of the exchange traded fund’s stock, valued at approximately $6,401,000. iShares MSCI EAFE ETF makes up about 3.1% of Foundation Wealth Management LLC PA’s holdings, making the stock its 9th largest holding.

Other hedge funds also recently bought and sold shares of the company. AllSquare Wealth Management LLC increased its holdings in shares of iShares MSCI EAFE ETF by 92.7% in the 4th quarter. AllSquare Wealth Management LLC now owns 395 shares of the exchange traded fund’s stock valued at $30,000 after acquiring an additional 190 shares during the period. Parkworth Wealth Management Inc. bought a new stake in iShares MSCI EAFE ETF during the fourth quarter valued at about $32,000. Murphy & Mullick Capital Management Corp purchased a new position in iShares MSCI EAFE ETF in the fourth quarter valued at about $36,000. Roxbury Financial LLC bought a new position in iShares MSCI EAFE ETF in the fourth quarter worth about $43,000. Finally, Kentucky Trust Co purchased a new stake in shares of iShares MSCI EAFE ETF during the fourth quarter valued at about $45,000. Hedge funds and other institutional investors own 79.80% of the company’s stock.

iShares MSCI EAFE ETF Stock Performance

NYSEARCA:EFA opened at $83.02 on Thursday. The stock has a market capitalization of $58.33 billion, a P/E ratio of 17.21 and a beta of 0.86. The company’s 50-day simple moving average is $81.32 and its 200-day simple moving average is $79.98. iShares MSCI EAFE ETF has a fifty-two week low of $73.91 and a fifty-two week high of $85.19.

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.