Montag & Caldwell LLC Decreases Stock Position in iShares MSCI EAFE ETF (NYSEARCA:EFA)

Montag & Caldwell LLC reduced its stake in iShares MSCI EAFE ETF (NYSEARCA:EFA) by 71.2% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 3,298 shares of the exchange traded fund’s stock after selling 8,142 shares during the period. Montag & Caldwell LLC’s holdings in iShares MSCI EAFE ETF were worth $249,000 at the end of the most recent reporting period.

A number of other hedge funds have also added to or reduced their stakes in the stock. Guidance Point Advisors LLC grew its holdings in shares of iShares MSCI EAFE ETF by 1.4% in the fourth quarter. Guidance Point Advisors LLC now owns 9,354 shares of the exchange traded fund’s stock worth $707,000 after purchasing an additional 126 shares during the last quarter. Armor Investment Advisors LLC raised its holdings in iShares MSCI EAFE ETF by 4.7% in the fourth quarter. Armor Investment Advisors LLC now owns 2,856 shares of the exchange traded fund’s stock worth $216,000 after purchasing an additional 127 shares in the last quarter. Landmark Wealth Management LLC raised its position in shares of iShares MSCI EAFE ETF by 2.3% in the 4th quarter. Landmark Wealth Management LLC now owns 5,730 shares of the exchange traded fund’s stock worth $433,000 after purchasing an additional 130 shares during the last quarter. Blue Barn Wealth LLC lifted its stake in shares of iShares MSCI EAFE ETF by 2.5% in the fourth quarter. Blue Barn Wealth LLC now owns 5,357 shares of the exchange traded fund’s stock worth $405,000 after buying an additional 132 shares in the last quarter. Finally, EFG Asset Management Americas Corp. boosted its position in shares of iShares MSCI EAFE ETF by 0.5% during the fourth quarter. EFG Asset Management Americas Corp. now owns 26,943 shares of the exchange traded fund’s stock valued at $2,037,000 after buying an additional 135 shares during the last quarter. Hedge funds and other institutional investors own 79.80% of the company’s stock.

iShares MSCI EAFE ETF Stock Up 1.1 %

iShares MSCI EAFE ETF stock opened at $79.82 on Tuesday. The company has a market cap of $56.08 billion, a P/E ratio of 16.88 and a beta of 0.81. The business has a 50-day simple moving average of $81.32 and a two-hundred day simple moving average of $79.61. iShares MSCI EAFE ETF has a 52-week low of $72.15 and a 52-week high of $85.19.

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.