iA Global Asset Management Inc. Sells 181,770 Shares of iShares MSCI EAFE ETF (NYSEARCA:EFA)

iA Global Asset Management Inc. trimmed its holdings in shares of iShares MSCI EAFE ETF (NYSEARCA:EFA) by 52.8% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 162,385 shares of the exchange traded fund’s stock after selling 181,770 shares during the period. iA Global Asset Management Inc.’s holdings in iShares MSCI EAFE ETF were worth $12,278,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also modified their holdings of the company. Parkworth Wealth Management Inc. bought a new stake in shares of iShares MSCI EAFE ETF during the fourth quarter worth approximately $32,000. Roxbury Financial LLC acquired a new position in iShares MSCI EAFE ETF during the fourth quarter valued at approximately $43,000. Kentucky Trust Co acquired a new position in iShares MSCI EAFE ETF during the fourth quarter valued at approximately $45,000. SYM FINANCIAL Corp grew its holdings in iShares MSCI EAFE ETF by 81.7% during the fourth quarter. SYM FINANCIAL Corp now owns 607 shares of the exchange traded fund’s stock valued at $46,000 after purchasing an additional 273 shares during the period. Finally, Synergy Asset Management LLC acquired a new position in iShares MSCI EAFE ETF during the fourth quarter valued at approximately $51,000. 79.80% of the stock is owned by institutional investors.

iShares MSCI EAFE ETF Stock Performance

Shares of NYSEARCA EFA opened at $84.89 on Thursday. The stock has a market cap of $59.64 billion, a P/E ratio of 17.21 and a beta of 0.86. The firm has a 50 day moving average price of $80.50 and a 200 day moving average price of $79.90. iShares MSCI EAFE ETF has a 52-week low of $73.91 and a 52-week high of $85.19.

iShares MSCI EAFE ETF 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.