Dallas, Texas 08/05/2013 (Financialstrend) – iShares MSCI EAFE Index Fund (ETF) (NYSEARCA: EFA) which was previously iShares MSCI EAFE Index Fund, is an exchange-traded fund. The Fund’s investment MSCI EAFE Index (the Index) aim is to get investment results that correspond to the yield performance and price of its underlying index. The Index includes stocks from Australasia, the Far East and the Europe. The Fund invests in a representative security samples involved with in the Index that jointly has an investment profile related to the Index. Ex. The Fund’s investment advisor is Black Rock Fund Advisors. The MSCI EAFE Index (the Index) has been developed by MSCI Inc for its international stock performance as an equity benchmark. The Fund’s investment advisor is Black Rock Fund Advisors, the Fund may hold all of the securities that are included in the Index because of the use of representative sampling.
Shares of iShares MSCI EAFE Index Fund (ETF) (NYSEARCA: EFA) seeing a high flow of trend from the starting of this month, through out from the middle of last week shares of iShares MSCI EAFE Index Fund (ETF) (NYSEARCA: EFA) were getting higher showing positive signs for investors.
Shares of iShares MSCI EAFE Index Fund (ETF) (NYSEARCA: EFA) SURGED by 0.80% to close at $61.67 per share on Friday, with the opening price at $61.23 per share. The company had through the day had range in the intraday price of $61.21 to $61.67 per share. The 52 week low is at $50.35 and 52 week high is at $61.14 per share. The company has 703 million outstanding shares in the market, 69% institutional ownership of capital and $43.37 billion market capitalization. There were 43.37 million shares of trading in the company’s stock on Friday.