Fluent Financial LLC Sells 129,257 Shares of iShares MSCI EAFE ETF $EFA

Fluent Financial LLC lessened its position in iShares MSCI EAFE ETF (NYSEARCA:EFA) by 28.0% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 331,576 shares of the exchange traded fund’s stock after selling 129,257 shares during the quarter. iShares MSCI EAFE ETF comprises about 12.4% of Fluent Financial LLC’s investment portfolio, making the stock its 3rd biggest position. Fluent Financial LLC’s holdings in iShares MSCI EAFE ETF were worth $34,447,000 at the end of the most recent reporting period.

Several other institutional investors have also recently bought and sold shares of the company. Oarsman Capital Inc. boosted its holdings in iShares MSCI EAFE ETF by 1.2% during the second quarter. Oarsman Capital Inc. now owns 8,031 shares of the exchange traded fund’s stock valued at $834,000 after acquiring an additional 98 shares during the period. Independent Wealth Network Inc. increased its stake in shares of iShares MSCI EAFE ETF by 0.9% in the first quarter. Independent Wealth Network Inc. now owns 11,480 shares of the exchange traded fund’s stock worth $1,115,000 after purchasing an additional 99 shares during the period. Topsail Wealth Management LLC increased its stake in shares of iShares MSCI EAFE ETF by 0.4% in the first quarter. Topsail Wealth Management LLC now owns 24,254 shares of the exchange traded fund’s stock worth $2,356,000 after purchasing an additional 100 shares during the period. Pinnacle Wealth Management Advisory Group LLC lifted its position in shares of iShares MSCI EAFE ETF by 1.3% during the 2nd quarter. Pinnacle Wealth Management Advisory Group LLC now owns 7,700 shares of the exchange traded fund’s stock worth $800,000 after purchasing an additional 100 shares during the last quarter. Finally, Palisade Asset Management LLC lifted its position in shares of iShares MSCI EAFE ETF by 0.3% during the 4th quarter. Palisade Asset Management LLC now owns 36,882 shares of the exchange traded fund’s stock worth $3,542,000 after purchasing an additional 101 shares during the last quarter. Institutional investors own 79.80% of the company’s stock.

iShares MSCI EAFE ETF Price Performance

Shares of NYSEARCA EFA traded up $0.42 during trading hours on Tuesday, hitting $103.47. 11,706,974 shares of the company’s stock were exchanged, compared to its average volume of 16,550,225. The company’s 50-day moving average price is $106.33 and its 200-day moving average price is $104.10. iShares MSCI EAFE ETF has a 1-year low of $91.21 and a 1-year high of $108.89. The stock has a market capitalization of $76.80 billion, a price-to-earnings ratio of 16.48 and a beta of 0.78.

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.