Investors Purchase High Volume of Call Options on iShares MSCI EAFE ETF (NYSEARCA:EFA)

iShares MSCI EAFE ETF (NYSEARCA:EFA) was the target of unusually large options trading activity on Monday. Investors purchased 555,685 call options on the company. This represents an increase of approximately 776% compared to the typical volume of 63,403 call options.

iShares MSCI EAFE ETF Stock Down 0.3 %

EFA stock opened at $78.64 on Tuesday. iShares MSCI EAFE ETF has a one year low of $72.58 and a one year high of $84.56. The firm’s 50 day moving average price is $79.51 and its 200-day moving average price is $80.07.

Institutional Investors Weigh In On iShares MSCI EAFE ETF

A number of institutional investors and hedge funds have recently added to or reduced their stakes in EFA. LGL Partners LLC boosted its position in shares of iShares MSCI EAFE ETF by 2.1% during the second quarter. LGL Partners LLC now owns 149,078 shares of the exchange traded fund’s stock worth $11,677,000 after buying an additional 3,036 shares during the period. Gemmer Asset Management LLC boosted its holdings in iShares MSCI EAFE ETF by 0.3% during the 3rd quarter. Gemmer Asset Management LLC now owns 49,571 shares of the exchange traded fund’s stock valued at $4,146,000 after acquiring an additional 155 shares during the period. Private Wealth Advisors LLC grew its position in iShares MSCI EAFE ETF by 2.3% in the 3rd quarter. Private Wealth Advisors LLC now owns 27,828 shares of the exchange traded fund’s stock valued at $2,310,000 after acquiring an additional 616 shares in the last quarter. International Assets Investment Management LLC increased its stake in iShares MSCI EAFE ETF by 6,217.5% during the third quarter. International Assets Investment Management LLC now owns 456,563 shares of the exchange traded fund’s stock worth $38,182,000 after purchasing an additional 449,336 shares during the period. Finally, Summit Trail Advisors LLC lifted its position in shares of iShares MSCI EAFE ETF by 21.6% during the third quarter. Summit Trail Advisors LLC now owns 341,991 shares of the exchange traded fund’s stock worth $28,601,000 after purchasing an additional 60,685 shares in the last quarter. Hedge funds and other institutional investors own 79.80% of the company’s stock.

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.