iShares MSCI EAFE ETF (NYSEARCA:EFA) Stake Trimmed by Schrum Private Wealth Management LLC

Schrum Private Wealth Management LLC decreased its position in shares of iShares MSCI EAFE ETF (NYSEARCA:EFA) by 51.6% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 5,617 shares of the exchange traded fund’s stock after selling 5,999 shares during the period. Schrum Private Wealth Management LLC’s holdings in iShares MSCI EAFE ETF were worth $425,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Raymond James Financial Inc. bought a new position in iShares MSCI EAFE ETF during the fourth quarter worth about $258,750,000. Truist Financial Corp lifted its holdings in iShares MSCI EAFE ETF by 4.2% during the 4th quarter. Truist Financial Corp now owns 3,372,742 shares of the exchange traded fund’s stock worth $255,013,000 after buying an additional 134,539 shares in the last quarter. CIBC Asset Management Inc lifted its position in iShares MSCI EAFE ETF by 7.3% during the 4th quarter. CIBC Asset Management Inc now owns 3,081,835 shares of the exchange traded fund’s stock valued at $233,018,000 after purchasing an additional 209,174 shares during the period. Toronto Dominion Bank lifted its holdings in iShares MSCI EAFE ETF by 65.7% in the third quarter. Toronto Dominion Bank now owns 2,240,907 shares of the exchange traded fund’s stock valued at $187,407,000 after buying an additional 888,764 shares during the period. Finally, M&T Bank Corp boosted its position in shares of iShares MSCI EAFE ETF by 3.6% in the 4th quarter. M&T Bank Corp now owns 2,073,154 shares of the exchange traded fund’s stock worth $156,751,000 after purchasing an additional 72,135 shares during the last quarter. 79.80% of the stock is currently owned by institutional investors and hedge funds.

iShares MSCI EAFE ETF Trading Up 2.4 %

EFA stock opened at $84.43 on Thursday. The firm has a market cap of $59.32 billion, a PE ratio of 17.57 and a beta of 0.87. The business’s 50-day moving average price is $78.97 and its two-hundred day moving average price is $79.80. iShares MSCI EAFE ETF has a 1-year low of $73.91 and a 1-year high of $84.57.

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.