NewEdge Wealth LLC lowered its stake in shares of iShares MSCI EAFE ETF (NYSEARCA:EFA – Free Report) by 5.9% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 515,417 shares of the exchange traded fund’s stock after selling 32,034 shares during the period. NewEdge Wealth LLC owned about 0.07% of iShares MSCI EAFE ETF worth $50,062,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other hedge funds and other institutional investors also recently modified their holdings of EFA. First Trust Advisors LP increased its stake in iShares MSCI EAFE ETF by 7.3% in the 1st quarter. First Trust Advisors LP now owns 6,980 shares of the exchange traded fund’s stock valued at $678,000 after purchasing an additional 473 shares in the last quarter. Insight Advisors LLC PA raised its stake in shares of iShares MSCI EAFE ETF by 42.4% during the 1st quarter. Insight Advisors LLC PA now owns 6,029 shares of the exchange traded fund’s stock worth $586,000 after buying an additional 1,794 shares during the last quarter. Bellwether Advisors LLC purchased a new stake in shares of iShares MSCI EAFE ETF in the 1st quarter worth about $542,000. HORAN Wealth LLC boosted its position in shares of iShares MSCI EAFE ETF by 100.0% in the 1st quarter. HORAN Wealth LLC now owns 21,070 shares of the exchange traded fund’s stock worth $2,027,000 after buying an additional 10,535 shares in the last quarter. Finally, Summit Asset Management LLC grew its stake in iShares MSCI EAFE ETF by 0.4% in the 1st quarter. Summit Asset Management LLC now owns 86,515 shares of the exchange traded fund’s stock valued at $8,403,000 after acquiring an additional 336 shares during the last quarter. 79.80% of the stock is currently owned by institutional investors and hedge funds.
iShares MSCI EAFE ETF Trading Up 0.2%
NYSEARCA:EFA opened at $104.25 on Thursday. The company has a market capitalization of $77.06 billion, a P/E ratio of 16.48 and a beta of 0.78. The firm has a 50-day moving average price of $103.78 and a two-hundred day moving average price of $101.76. iShares MSCI EAFE ETF has a twelve month low of $86.74 and a twelve month high of $105.94.
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. The Index includes stocks from Europe, Australasia and the Far East. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.
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