Glen Eagle Advisors LLC Sells 31,606 Shares of iShares MSCI EAFE ETF $EFA

Glen Eagle Advisors LLC cut its stake in iShares MSCI EAFE ETF (NYSEARCA:EFA) by 37.5% in the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor owned 52,691 shares of the exchange traded fund’s stock after selling 31,606 shares during the period. iShares MSCI EAFE ETF comprises approximately 0.7% of Glen Eagle Advisors LLC’s portfolio, making the stock its 29th largest position. Glen Eagle Advisors LLC’s holdings in iShares MSCI EAFE ETF were worth $5,118,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in EFA. Horizon Investments LLC lifted its stake in iShares MSCI EAFE ETF by 2,520.0% during the fourth quarter. Horizon Investments LLC now owns 262 shares of the exchange traded fund’s stock worth $25,000 after purchasing an additional 252 shares during the last quarter. Hilton Head Capital Partners LLC bought a new position in shares of iShares MSCI EAFE ETF during the 4th quarter valued at about $26,000. Atlas Capital Advisors Inc. bought a new position in shares of iShares MSCI EAFE ETF during the 4th quarter valued at about $29,000. Scarborough Advisors LLC bought a new position in shares of iShares MSCI EAFE ETF during the 1st quarter valued at about $33,000. Finally, GeoWealth Management LLC purchased a new position in shares of iShares MSCI EAFE ETF during the 4th quarter valued at about $37,000. 79.80% of the stock is currently owned by hedge funds and other institutional investors.

iShares MSCI EAFE ETF Price Performance

NYSEARCA:EFA opened at $103.91 on Tuesday. The business has a 50 day moving average of $103.83 and a 200 day moving average of $101.88. The company has a market capitalization of $76.81 billion, a price-to-earnings ratio of 16.48 and a beta of 0.78. iShares MSCI EAFE ETF has a 1-year low of $86.74 and a 1-year high of $105.94.

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.