Summit Asset Management LLC Purchases 68,615 Shares of iShares MSCI EAFE ETF (NYSEARCA:EFA)

Summit Asset Management LLC lifted its position in iShares MSCI EAFE ETF (NYSEARCA:EFA) by 491.8% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 82,568 shares of the exchange traded fund’s stock after buying an additional 68,615 shares during the period. iShares MSCI EAFE ETF makes up about 1.1% of Summit Asset Management LLC’s portfolio, making the stock its 24th largest position. Summit Asset Management LLC’s holdings in iShares MSCI EAFE ETF were worth $6,243,000 at the end of the most recent reporting period.

Other large investors have also made changes to their positions in the company. Wealthspire Advisors LLC increased its holdings in iShares MSCI EAFE ETF by 0.8% during the 4th quarter. Wealthspire Advisors LLC now owns 560,009 shares of the exchange traded fund’s stock worth $42,342,000 after purchasing an additional 4,623 shares in the last quarter. Denver PWM LLC increased its holdings in iShares MSCI EAFE ETF by 1.4% during the 4th quarter. Denver PWM LLC now owns 27,169 shares of the exchange traded fund’s stock worth $2,054,000 after purchasing an additional 375 shares in the last quarter. First Horizon Advisors Inc. grew its holdings in shares of iShares MSCI EAFE ETF by 0.6% in the 4th quarter. First Horizon Advisors Inc. now owns 619,031 shares of the exchange traded fund’s stock valued at $46,805,000 after acquiring an additional 3,776 shares in the last quarter. Pinnacle Financial Partners Inc grew its holdings in shares of iShares MSCI EAFE ETF by 3.5% in the 4th quarter. Pinnacle Financial Partners Inc now owns 330,589 shares of the exchange traded fund’s stock valued at $25,121,000 after acquiring an additional 11,041 shares in the last quarter. Finally, Verger Capital Management LLC grew its holdings in shares of iShares MSCI EAFE ETF by 0.8% in the 4th quarter. Verger Capital Management LLC now owns 259,457 shares of the exchange traded fund’s stock valued at $19,618,000 after acquiring an additional 2,124 shares in the last quarter. Institutional investors own 79.80% of the company’s stock.

iShares MSCI EAFE ETF Stock Performance

Shares of NYSEARCA EFA opened at $81.54 on Friday. The business has a 50-day moving average of $77.99 and a 200-day moving average of $79.57. iShares MSCI EAFE ETF has a fifty-two week low of $73.91 and a fifty-two week high of $84.56.

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.