First Foundation Advisors Trims Stock Position in iShares MSCI EAFE ETF (NYSEARCA:EFA)

First Foundation Advisors reduced its stake in shares of iShares MSCI EAFE ETF (NYSEARCA:EFA) by 3.9% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 55,295 shares of the exchange traded fund’s stock after selling 2,230 shares during the quarter. First Foundation Advisors’ holdings in iShares MSCI EAFE ETF were worth $4,181,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently modified their holdings of the company. JPMorgan Chase & Co. increased its stake in shares of iShares MSCI EAFE ETF by 7.1% during the fourth quarter. JPMorgan Chase & Co. now owns 22,067,950 shares of the exchange traded fund’s stock valued at $1,668,558,000 after buying an additional 1,463,799 shares during the period. Raymond James Financial Inc. acquired a new stake in shares of iShares MSCI EAFE ETF during the fourth quarter worth about $258,750,000. Truist Financial Corp lifted its holdings in shares of iShares MSCI EAFE ETF by 4.2% during the fourth quarter. Truist Financial Corp now owns 3,372,742 shares of the exchange traded fund’s stock worth $255,013,000 after purchasing an additional 134,539 shares during the period. Natixis Advisors LLC lifted its holdings in iShares MSCI EAFE ETF by 124.5% in the fourth quarter. Natixis Advisors LLC now owns 3,370,059 shares of the exchange traded fund’s stock valued at $254,810,000 after acquiring an additional 1,868,602 shares during the period. Finally, CIBC Asset Management Inc increased its position in shares of iShares MSCI EAFE ETF by 7.3% in the fourth quarter. CIBC Asset Management Inc now owns 3,081,835 shares of the exchange traded fund’s stock valued at $233,018,000 after buying an additional 209,174 shares in the last quarter. 79.80% of the stock is currently owned by institutional investors.

iShares MSCI EAFE ETF Trading Down 2.2 %

NYSEARCA:EFA traded down $1.71 during trading hours on Thursday, hitting $76.88. The company had a trading volume of 2,717,329 shares, compared to its average volume of 12,899,680. iShares MSCI EAFE ETF has a 1 year low of $72.15 and a 1 year high of $85.19. The company has a 50-day moving average of $81.36 and a 200 day moving average of $79.74. The company has a market cap of $54.02 billion, a P/E ratio of 16.88 and a beta of 0.81.

iShares MSCI EAFE ETF 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.