Breakwater Capital Group Reduces Stake in iShares MSCI EAFE ETF $EFA

Breakwater Capital Group cut its stake in shares of iShares MSCI EAFE ETF (NYSEARCA:EFA) by 4.3% during the 2nd quarter, Holdings Channel.com reports. The firm owned 10,924 shares of the exchange traded fund’s stock after selling 488 shares during the quarter. Breakwater Capital Group’s holdings in iShares MSCI EAFE ETF were worth $976,000 as of its most recent filing with the SEC.

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 iShares MSCI EAFE ETF during the first quarter valued at $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 Trading Down 0.3%

Shares of EFA stock opened at $93.35 on Wednesday. iShares MSCI EAFE ETF has a 12-month low of $72.14 and a 12-month high of $93.68. The stock’s 50-day moving average price is $90.68 and its 200-day moving average price is $86.96. The stock has a market capitalization of $67.32 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.