D.A. Davidson & CO. Cuts Holdings in iShares MSCI EAFE ETF $EFA

D.A. Davidson & CO. cut its holdings in iShares MSCI EAFE ETF (NYSEARCA:EFA) by 2.7% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 272,971 shares of the exchange traded fund’s stock after selling 7,633 shares during the quarter. D.A. Davidson & CO.’s holdings in iShares MSCI EAFE ETF were worth $26,514,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of the business. Brighton Jones LLC lifted its stake in shares of iShares MSCI EAFE ETF by 5.3% in the fourth quarter. Brighton Jones LLC now owns 236,460 shares of the exchange traded fund’s stock valued at $17,879,000 after purchasing an additional 11,902 shares during the period. Revolve Wealth Partners LLC acquired a new position in iShares MSCI EAFE ETF during the fourth quarter worth about $629,000. First Trust Advisors LP increased its holdings in iShares MSCI EAFE ETF by 13.4% in the second quarter. First Trust Advisors LP now owns 3,190 shares of the exchange traded fund’s stock valued at $285,000 after buying an additional 377 shares in the last quarter. NewEdge Advisors LLC increased its holdings in iShares MSCI EAFE ETF by 21.5% in the second quarter. NewEdge Advisors LLC now owns 115,897 shares of the exchange traded fund’s stock valued at $10,360,000 after buying an additional 20,528 shares in the last quarter. Finally, Sei Investments Co. increased its holdings in iShares MSCI EAFE ETF by 6.1% in the second quarter. Sei Investments Co. now owns 75,960 shares of the exchange traded fund’s stock valued at $6,790,000 after buying an additional 4,348 shares in the last quarter. Hedge funds and other institutional investors own 79.80% of the company’s stock.

iShares MSCI EAFE ETF Trading Up 0.7%

EFA stock opened at $104.65 on Thursday. The firm has a 50 day moving average of $103.77 and a 200-day moving average of $101.50. The company has a market cap of $77.48 billion, a price-to-earnings ratio of 16.48 and a beta of 0.78. iShares MSCI EAFE ETF has a 12-month low of $86.74 and a 12-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.