9,615 iShares MSCI EAFE ETF $EFA Shares Sold by Traynor Capital Management Inc.

Traynor Capital Management Inc. cut its stake in iShares MSCI EAFE ETF (NYSEARCA:EFA) by 63.0% in the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 5,646 shares of the exchange traded fund’s stock after selling 9,615 shares during the period. Traynor Capital Management Inc.’s holdings in iShares MSCI EAFE ETF were worth $587,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in the company. Scarborough Advisors LLC purchased a new stake in iShares MSCI EAFE ETF during the first quarter valued at about $33,000. Centrica Wealth Management LLC bought a new stake in iShares MSCI EAFE ETF during the second quarter worth about $40,000. Arjuna Capital bought a new stake in iShares MSCI EAFE ETF during the first quarter worth about $42,000. Manning & Napier Advisors LLC bought a new stake in iShares MSCI EAFE ETF during the first quarter worth about $51,000. Finally, West Financial Advisors LLC purchased a new position in shares of iShares MSCI EAFE ETF in the 3rd quarter worth about $57,000. Institutional investors own 79.80% of the company’s stock.

iShares MSCI EAFE ETF Trading Up 0.3%

EFA opened at $103.70 on Tuesday. The stock has a market capitalization of $76.97 billion, a P/E ratio of 16.48 and a beta of 0.78. The stock has a 50-day moving average price of $105.04 and a 200-day moving average price of $103.24. iShares MSCI EAFE ETF has a 12-month low of $91.21 and a 12-month high of $108.89.

iShares MSCI EAFE ETF 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. 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.