Twele Capital Management Inc. Trims Stock Position in iShares MSCI EAFE ETF (NYSEARCA:EFA)

Twele Capital Management Inc. cut its holdings in shares of iShares MSCI EAFE ETF (NYSEARCA:EFA) by 93.0% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 21,131 shares of the exchange traded fund’s stock after selling 279,767 shares during the period. iShares MSCI EAFE ETF comprises approximately 0.4% of Twele Capital Management Inc.’s investment portfolio, making the stock its 19th biggest holding. Twele Capital Management Inc.’s holdings in iShares MSCI EAFE ETF were worth $1,688,000 as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. Howe & Rusling Inc. raised its position in shares of iShares MSCI EAFE ETF by 112.7% in the fourth quarter. Howe & Rusling Inc. now owns 336 shares of the exchange traded fund’s stock worth $25,000 after acquiring an additional 178 shares during the period. Arjuna Capital purchased a new stake in iShares MSCI EAFE ETF in the 4th quarter worth $26,000. Fortis Group Advisors LLC raised its position in iShares MSCI EAFE ETF by 100.0% during the fourth quarter. Fortis Group Advisors LLC now owns 346 shares of the exchange traded fund’s stock worth $26,000 after acquiring an additional 173 shares during the period. SRS Capital Advisors Inc. lifted its holdings in iShares MSCI EAFE ETF by 183.1% during the fourth quarter. SRS Capital Advisors Inc. now owns 402 shares of the exchange traded fund’s stock valued at $30,000 after purchasing an additional 260 shares in the last quarter. Finally, Joseph Group Capital Management grew its position in shares of iShares MSCI EAFE ETF by 198.6% in the fourth quarter. Joseph Group Capital Management now owns 418 shares of the exchange traded fund’s stock valued at $31,000 after purchasing an additional 278 shares during the period. 79.80% of the stock is owned by hedge funds and other institutional investors.

iShares MSCI EAFE ETF Trading Down 0.8 %

iShares MSCI EAFE ETF stock traded down $0.60 during midday trading on Wednesday, reaching $78.16. The company had a trading volume of 5,241,751 shares, compared to its average volume of 14,147,667. iShares MSCI EAFE ETF has a 12-month low of $65.68 and a 12-month high of $82.16. The firm’s fifty day simple moving average is $79.47 and its 200-day simple moving average is $77.51.

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.