Capital Group Private Client Services Inc. Lowers Stock Position in iShares MSCI EAFE ETF (NYSEARCA:EFA)

Capital Group Private Client Services Inc. lessened its holdings in iShares MSCI EAFE ETF (NYSEARCA:EFA) by 90.7% during the first quarter, Holdings Channel.com reports. The firm owned 31,185 shares of the exchange traded fund’s stock after selling 304,200 shares during the quarter. Capital Group Private Client Services Inc.’s holdings in iShares MSCI EAFE ETF were worth $2,490,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently added to or reduced their stakes in EFA. Howe & Rusling Inc. boosted its holdings in iShares MSCI EAFE ETF by 112.7% in the 4th quarter. Howe & Rusling Inc. now owns 336 shares of the exchange traded fund’s stock valued at $25,000 after purchasing an additional 178 shares in the last quarter. Arjuna Capital acquired a new stake in shares of iShares MSCI EAFE ETF during the 4th quarter valued at approximately $26,000. Fortis Group Advisors LLC lifted its position in shares of iShares MSCI EAFE ETF by 100.0% during the 4th quarter. Fortis Group Advisors LLC now owns 346 shares of the exchange traded fund’s stock valued at $26,000 after acquiring an additional 173 shares during the period. CarsonAllaria Wealth Management Ltd. acquired a new stake in shares of iShares MSCI EAFE ETF during the 1st quarter valued at approximately $27,000. Finally, SRS Capital Advisors Inc. lifted its position in shares of iShares MSCI EAFE ETF by 183.1% during the 4th quarter. SRS Capital Advisors Inc. now owns 402 shares of the exchange traded fund’s stock valued at $30,000 after acquiring an additional 260 shares during the period. Hedge funds and other institutional investors own 79.80% of the company’s stock.

iShares MSCI EAFE ETF Price Performance

Shares of EFA stock traded up $1.00 during midday trading on Friday, reaching $79.41. 10,115,702 shares of the company traded hands, compared to its average volume of 13,821,847. The firm’s 50 day simple moving average is $79.90 and its two-hundred day simple moving average is $78.28. iShares MSCI EAFE ETF has a 1-year low of $65.68 and a 1-year high of $82.16.

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.