iShares MSCI EAFE ETF (NYSEARCA:EFA) Shares Sold by Davis R M Inc.

Davis R M Inc. decreased its stake in iShares MSCI EAFE ETF (NYSEARCA:EFA) by 14.6% during the fourth quarter, Holdings Channel reports. The institutional investor owned 17,459 shares of the exchange traded fund’s stock after selling 2,985 shares during the quarter. Davis R M Inc.’s holdings in iShares MSCI EAFE ETF were worth $1,320,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently bought and sold shares of EFA. Noble Wealth Management PBC purchased a new stake in iShares MSCI EAFE ETF in the 4th quarter worth approximately $1,353,000. Empowered Funds LLC purchased a new stake in iShares MSCI EAFE ETF during the fourth quarter worth $79,000. Private Wealth Advisors LLC grew its position in iShares MSCI EAFE ETF by 2.3% during the third quarter. Private Wealth Advisors LLC now owns 27,828 shares of the exchange traded fund’s stock valued at $2,310,000 after buying an additional 616 shares during the period. Summit Trail Advisors LLC increased its holdings in iShares MSCI EAFE ETF by 21.6% in the third quarter. Summit Trail Advisors LLC now owns 341,991 shares of the exchange traded fund’s stock valued at $28,601,000 after buying an additional 60,685 shares in the last quarter. Finally, Baron Financial Group LLC raised its position in shares of iShares MSCI EAFE ETF by 3.7% in the fourth quarter. Baron Financial Group LLC now owns 75,556 shares of the exchange traded fund’s stock worth $5,713,000 after acquiring an additional 2,681 shares during the period. 79.80% of the stock is owned by institutional investors and hedge funds.

iShares MSCI EAFE ETF Stock Down 0.3 %

NYSEARCA:EFA opened at $82.16 on Wednesday. iShares MSCI EAFE ETF has a 52 week low of $73.91 and a 52 week high of $84.57. The stock’s 50-day moving average price is $79.55 and its 200-day moving average price is $79.83. The stock has a market capitalization of $57.73 billion, a PE ratio of 17.57 and a beta of 0.87.

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.