Great Waters Wealth Management Trims Holdings in iShares MSCI EAFE ETF (NYSEARCA:EFA)

Great Waters Wealth Management trimmed its position in iShares MSCI EAFE ETF (NYSEARCA:EFA) by 20.1% during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 19,958 shares of the exchange traded fund’s stock after selling 5,010 shares during the period. iShares MSCI EAFE ETF comprises about 0.2% of Great Waters Wealth Management’s investment portfolio, making the stock its 28th largest position. Great Waters Wealth Management’s holdings in iShares MSCI EAFE ETF were worth $1,631,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in EFA. Brighton Jones LLC lifted its holdings in iShares MSCI EAFE ETF by 5.3% in the 4th quarter. Brighton Jones LLC now owns 236,460 shares of the exchange traded fund’s stock valued at $17,879,000 after purchasing an additional 11,902 shares in the last quarter. Revolve Wealth Partners LLC purchased a new position in iShares MSCI EAFE ETF in the 4th quarter valued at about $629,000. IMC Chicago LLC lifted its holdings in iShares MSCI EAFE ETF by 202.3% in the 4th quarter. IMC Chicago LLC now owns 37,852 shares of the exchange traded fund’s stock valued at $2,862,000 after purchasing an additional 25,332 shares in the last quarter. Strategic Financial Concepts LLC purchased a new position in iShares MSCI EAFE ETF in the 4th quarter valued at about $5,101,000. Finally, Empowered Funds LLC purchased a new position in iShares MSCI EAFE ETF in the 4th quarter valued at about $79,000. 79.80% of the stock is currently owned by hedge funds and other institutional investors.

iShares MSCI EAFE ETF Trading Up 0.4%

NYSEARCA:EFA opened at $89.74 on Monday. The firm has a market cap of $63.05 billion, a price-to-earnings ratio of 16.35 and a beta of 0.83. iShares MSCI EAFE ETF has a 12-month low of $72.15 and a 12-month high of $90.00. The company’s 50-day moving average is $84.10 and its two-hundred day moving average is $81.19.

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.