MetLife Investment Management LLC Sells 419,500 Shares of iShares MSCI EAFE ETF $EFA

MetLife Investment Management LLC cut its stake in shares of iShares MSCI EAFE ETF (NYSEARCA:EFA) by 57.9% during the 1st quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 305,500 shares of the exchange traded fund’s stock after selling 419,500 shares during the period. MetLife Investment Management LLC’s holdings in iShares MSCI EAFE ETF were worth $24,969,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Smallwood Wealth Investment Management LLC purchased a new position in shares of iShares MSCI EAFE ETF in the first quarter valued at about $34,000. Fiduciary Wealth Partners LLC purchased a new position in shares of iShares MSCI EAFE ETF in the first quarter valued at about $36,000. Park Square Financial Group LLC purchased a new position in shares of iShares MSCI EAFE ETF in the fourth quarter valued at about $33,000. Elequin Capital LP lifted its position in shares of iShares MSCI EAFE ETF by 44.7% in the first quarter. Elequin Capital LP now owns 447 shares of the exchange traded fund’s stock valued at $37,000 after acquiring an additional 138 shares in the last quarter. Finally, Mpwm Advisory Solutions LLC purchased a new position in shares of iShares MSCI EAFE ETF in the fourth quarter valued at about $36,000. 79.80% of the stock is currently owned by hedge funds and other institutional investors.

iShares MSCI EAFE ETF Stock Up 1.5%

Shares of iShares MSCI EAFE ETF stock opened at $93.23 on Monday. The stock’s 50-day simple moving average is $89.38 and its 200-day simple moving average is $85.73. iShares MSCI EAFE ETF has a 52 week low of $72.14 and a 52 week high of $93.38. The company has a market capitalization of $67.24 billion, a price-to-earnings ratio of 16.48 and a beta of 0.86.

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.