Howard Financial Services LTD. Lowers Position in iShares MSCI EAFE ETF (NYSEARCA:EFA)

Howard Financial Services LTD. lessened its stake in iShares MSCI EAFE ETF (NYSEARCA:EFA) by 22.8% during the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor owned 2,633 shares of the exchange traded fund’s stock after selling 778 shares during the quarter. Howard Financial Services LTD.’s holdings in iShares MSCI EAFE ETF were worth $210,000 at the end of the most recent reporting period.

Several other hedge funds have also recently modified their holdings of the stock. Fifth Third Wealth Advisors LLC lifted its holdings in shares of iShares MSCI EAFE ETF by 80.6% in the first quarter. Fifth Third Wealth Advisors LLC now owns 37,319 shares of the exchange traded fund’s stock worth $2,980,000 after buying an additional 16,651 shares in the last quarter. Cypress Wealth Services LLC purchased a new position in shares of iShares MSCI EAFE ETF in the first quarter worth $269,000. Wealth Enhancement Advisory Services LLC lifted its holdings in shares of iShares MSCI EAFE ETF by 0.8% in the first quarter. Wealth Enhancement Advisory Services LLC now owns 892,711 shares of the exchange traded fund’s stock worth $71,292,000 after buying an additional 6,802 shares in the last quarter. Procyon Advisors LLC lifted its holdings in shares of iShares MSCI EAFE ETF by 11.1% in the first quarter. Procyon Advisors LLC now owns 14,447 shares of the exchange traded fund’s stock worth $1,154,000 after buying an additional 1,441 shares in the last quarter. Finally, First National Bank Sioux Falls purchased a new position in shares of iShares MSCI EAFE ETF in the first quarter worth $206,000. Hedge funds and other institutional investors own 79.80% of the company’s stock.

iShares MSCI EAFE ETF Price Performance

iShares MSCI EAFE ETF stock traded up $0.09 during mid-day trading on Friday, reaching $78.33. 17,420,611 shares of the company’s stock traded hands, compared to its average volume of 14,216,612. The stock has a 50 day moving average of $79.51 and a two-hundred day moving average of $77.51. iShares MSCI EAFE ETF has a 12-month low of $65.68 and a 12-month high of $82.16.

About iShares MSCI EAFE ETF

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.