Portland Global Advisors LLC Reduces Stock Holdings in iShares MSCI EAFE ETF (NYSEARCA:EFA)

Portland Global Advisors LLC lowered its stake in iShares MSCI EAFE ETF (NYSEARCA:EFA) by 1.6% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 244,005 shares of the exchange traded fund’s stock after selling 4,011 shares during the period. iShares MSCI EAFE ETF accounts for approximately 2.3% of Portland Global Advisors LLC’s holdings, making the stock its 11th biggest holding. Portland Global Advisors LLC’s holdings in iShares MSCI EAFE ETF were worth $18,449,000 as of its most recent SEC filing.

Other hedge funds have also added to or reduced their stakes in the company. AllSquare Wealth Management LLC increased its position in shares of iShares MSCI EAFE ETF by 92.7% during the fourth quarter. AllSquare Wealth Management LLC now owns 395 shares of the exchange traded fund’s stock valued at $30,000 after buying an additional 190 shares during the period. Parkworth Wealth Management Inc. bought a new position in shares of iShares MSCI EAFE ETF in the 4th quarter worth approximately $32,000. Murphy & Mullick Capital Management Corp purchased a new position in shares of iShares MSCI EAFE ETF in the 4th quarter valued at approximately $36,000. Roxbury Financial LLC bought a new stake in shares of iShares MSCI EAFE ETF during the fourth quarter valued at approximately $43,000. Finally, Kentucky Trust Co purchased a new stake in iShares MSCI EAFE ETF in the fourth quarter worth $45,000. 79.80% of the stock is owned by hedge funds and other institutional investors.

iShares MSCI EAFE ETF Trading Down 0.9 %

Shares of iShares MSCI EAFE ETF stock opened at $82.46 on Friday. The business has a fifty day simple moving average of $81.57 and a two-hundred day simple moving average of $80.01. The firm has a market capitalization of $57.94 billion, a P/E ratio of 17.21 and a beta of 0.86. iShares MSCI EAFE ETF has a 12 month low of $73.91 and a 12 month high of $85.19.

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.