Beacon Pointe Advisors LLC Trims Stock Holdings in iShares MSCI EAFE ETF (NYSEARCA:EFA)

Beacon Pointe Advisors LLC lowered its position in iShares MSCI EAFE ETF (NYSEARCA:EFA) by 9.0% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 228,865 shares of the exchange traded fund’s stock after selling 22,538 shares during the quarter. Beacon Pointe Advisors LLC’s holdings in iShares MSCI EAFE ETF were worth $17,305,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. AllSquare Wealth Management LLC lifted its stake in iShares MSCI EAFE ETF by 92.7% in the fourth quarter. AllSquare Wealth Management LLC now owns 395 shares of the exchange traded fund’s stock valued at $30,000 after buying an additional 190 shares during the last quarter. Parkworth Wealth Management Inc. purchased a new stake in iShares MSCI EAFE ETF in the fourth quarter valued at approximately $32,000. Murphy & Mullick Capital Management Corp purchased a new stake in iShares MSCI EAFE ETF in the fourth quarter valued at approximately $36,000. Roxbury Financial LLC purchased a new stake in iShares MSCI EAFE ETF in the fourth quarter valued at approximately $43,000. Finally, Kentucky Trust Co purchased a new stake in iShares MSCI EAFE ETF in the fourth quarter valued at approximately $45,000. Hedge funds and other institutional investors own 79.80% of the company’s stock.

iShares MSCI EAFE ETF Trading Up 0.7 %

Shares of NYSEARCA EFA opened at $84.68 on Tuesday. The stock has a market cap of $59.50 billion, a P/E ratio of 16.12 and a beta of 0.81. The stock has a 50 day moving average of $81.52 and a two-hundred day moving average of $79.59. iShares MSCI EAFE ETF has a twelve month low of $72.15 and a twelve month 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.