Salomon & Ludwin LLC Sells 2,967 Shares of iShares MSCI EAFE ETF $EFA

Salomon & Ludwin LLC lowered its position in shares of iShares MSCI EAFE ETF (NYSEARCA:EFA) by 1.2% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 242,856 shares of the exchange traded fund’s stock after selling 2,967 shares during the period. iShares MSCI EAFE ETF comprises about 2.1% of Salomon & Ludwin LLC’s holdings, making the stock its 15th largest holding. Salomon & Ludwin LLC’s holdings in iShares MSCI EAFE ETF were worth $21,735,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in EFA. Smallwood Wealth Investment Management LLC bought a new stake in shares of iShares MSCI EAFE ETF in the 1st quarter valued at about $34,000. Fiduciary Wealth Partners LLC bought a new stake in shares of iShares MSCI EAFE ETF in the 1st quarter valued at about $36,000. Elequin Capital LP lifted its stake in shares of iShares MSCI EAFE ETF by 44.7% in the 1st 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 during the last quarter. von Borstel & Associates Inc. bought a new stake in shares of iShares MSCI EAFE ETF in the 1st quarter valued at about $43,000. Finally, 3Chopt Investment Partners LLC bought a new stake in shares of iShares MSCI EAFE ETF in the 1st quarter valued at about $52,000. Institutional investors own 79.80% of the company’s stock.

iShares MSCI EAFE ETF Trading Up 0.2%

NYSEARCA EFA opened at $94.51 on Friday. iShares MSCI EAFE ETF has a 1-year low of $72.14 and a 1-year high of $95.53. The stock has a 50-day moving average of $92.73 and a 200-day moving average of $88.61. The firm has a market cap of $68.16 billion, a PE ratio of 16.48 and a beta of 0.86.

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.