Graypoint LLC Cuts Holdings in iShares MSCI EAFE ETF (NYSEARCA:EFA)

Graypoint LLC decreased its position in shares of iShares MSCI EAFE ETF (NYSEARCA:EFA) by 2.2% in the first quarter, HoldingsChannel reports. The firm owned 27,557 shares of the exchange traded fund’s stock after selling 615 shares during the quarter. Graypoint LLC’s holdings in iShares MSCI EAFE ETF were worth $2,252,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in the company. JFS Wealth Advisors LLC raised its position in iShares MSCI EAFE ETF by 0.3% during the first quarter. JFS Wealth Advisors LLC now owns 48,409 shares of the exchange traded fund’s stock worth $3,956,000 after acquiring an additional 125 shares during the last quarter. Guidance Point Advisors LLC raised its position 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 valued at $707,000 after buying an additional 126 shares during the last quarter. Firestone Capital Management raised its position in shares of iShares MSCI EAFE ETF by 0.9% in the fourth quarter. Firestone Capital Management now owns 15,950 shares of the exchange traded fund’s stock valued at $1,206,000 after buying an additional 136 shares during the last quarter. Berkeley Capital Partners LLC raised its position in shares of iShares MSCI EAFE ETF by 2.5% in the fourth quarter. Berkeley Capital Partners LLC now owns 5,785 shares of the exchange traded fund’s stock valued at $437,000 after buying an additional 139 shares during the last quarter. Finally, PFG Investments LLC raised its position in shares of iShares MSCI EAFE ETF by 2.0% in the first quarter. PFG Investments LLC now owns 7,241 shares of the exchange traded fund’s stock valued at $592,000 after buying an additional 140 shares during the last quarter. Hedge funds and other institutional investors own 79.80% of the company’s stock.

iShares MSCI EAFE ETF Price Performance

NYSEARCA:EFA opened at $88.38 on Thursday. The firm has a 50 day simple moving average of $88.39 and a 200-day simple moving average of $83.23. The firm has a market cap of $63.74 billion, a PE ratio of 16.48 and a beta of 0.86. iShares MSCI EAFE ETF has a 1-year low of $72.15 and a 1-year high of $90.51.

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.