Traders Sell iShares MSCI EAFE Index Fund (NYSE:EFA) on Strength (NYSE:EFA)

Investors sold shares of iShares MSCI EAFE Index Fund (NYSE:EFA) on strength during trading hours on Wednesday. $176.94 million flowed into the stock on the tick-up and $229.01 million flowed out of the stock on the tick-down, for a money net flow of $52.07 million out of the stock. Of all companies tracked, iShares MSCI EAFE Index Fund had the 0th highest net out-flow for the day. iShares MSCI EAFE Index Fund traded up $0.41 for the day and closed at $66.87

The firm has a 50 day moving average of $65.90 and a 200-day moving average of $63.36. iShares MSCI EAFE Index Fund also was the recipient of some unusual options trading activity on Thursday. Stock traders bought 72,375 put options on the stock. This represents an increase of 193% compared to the average daily volume of 24,707 put options.

Institutional investors have recently added to or reduced their stakes in the stock. Rinet Co LLC boosted its position in shares of iShares MSCI EAFE Index Fund by 14.6% in the second quarter. Rinet Co LLC now owns 43,844 shares of the exchange traded fund’s stock worth $2,859,000 after buying an additional 5,575 shares in the last quarter. RiverPoint Capital Management LLC boosted its position in shares of iShares MSCI EAFE Index Fund by 8.8% in the second quarter. RiverPoint Capital Management LLC now owns 1,590,954 shares of the exchange traded fund’s stock worth $103,730,000 after buying an additional 129,062 shares in the last quarter. Federated Investors Inc. PA boosted its position in shares of iShares MSCI EAFE Index Fund by 11.5% in the second quarter. Federated Investors Inc. PA now owns 146,000 shares of the exchange traded fund’s stock worth $9,519,000 after buying an additional 15,000 shares in the last quarter. Truepoint Inc. boosted its position in shares of iShares MSCI EAFE Index Fund by 3.8% in the second quarter. Truepoint Inc. now owns 54,231 shares of the exchange traded fund’s stock worth $3,651,000 after buying an additional 1,987 shares in the last quarter. Finally, Pax World Management LLC boosted its position in shares of iShares MSCI EAFE Index Fund by 137.5% in the second quarter. Pax World Management LLC now owns 166,324 shares of the exchange traded fund’s stock worth $10,844,000 after buying an additional 96,295 shares in the last quarter.

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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.