Salomon & Ludwin LLC Sells 12,234 Shares of iShares MSCI EAFE ETF $EFA

Salomon & Ludwin LLC decreased its position in shares of iShares MSCI EAFE ETF (NYSEARCA:EFA) by 5.0% during the third quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 230,622 shares of the exchange traded fund’s stock after selling 12,234 shares during the quarter. iShares MSCI EAFE ETF makes up 2.0% of Salomon & Ludwin LLC’s holdings, making the stock its 14th largest holding. Salomon & Ludwin LLC’s holdings in iShares MSCI EAFE ETF were worth $21,928,000 at the end of the most recent quarter.

Other institutional investors have also bought and sold shares of the company. Pineridge Advisors LLC bought a new position in shares of iShares MSCI EAFE ETF in the second quarter worth about $25,000. Addison Advisors LLC lifted its holdings in iShares MSCI EAFE ETF by 56.6% in the 2nd quarter. Addison Advisors LLC now owns 379 shares of the exchange traded fund’s stock worth $34,000 after purchasing an additional 137 shares in the last quarter. Angeles Investment Advisors LLC purchased a new position in iShares MSCI EAFE ETF in the 2nd quarter worth approximately $39,000. Twin Peaks Wealth Advisors LLC bought a new position in iShares MSCI EAFE ETF in the 2nd quarter worth approximately $49,000. Finally, WFA of San Diego LLC purchased a new stake in iShares MSCI EAFE ETF during the 2nd quarter valued at approximately $48,000. Hedge funds and other institutional investors own 79.80% of the company’s stock.

iShares MSCI EAFE ETF Stock Performance

EFA stock opened at $96.03 on Friday. The company’s fifty day moving average price is $95.10 and its 200-day moving average price is $92.51. iShares MSCI EAFE ETF has a one year low of $72.14 and a one year high of $97.42. The company has a market capitalization of $69.26 billion, a PE ratio of 16.48 and a beta of 0.84.

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.