Summit Financial Strategies Inc. Reduces Holdings in iShares MSCI EAFE ETF (NYSEARCA:EFA)

Summit Financial Strategies Inc. cut its position in iShares MSCI EAFE ETF (NYSEARCA:EFA) by 0.6% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 61,413 shares of the exchange traded fund’s stock after selling 372 shares during the quarter. iShares MSCI EAFE ETF accounts for 0.5% of Summit Financial Strategies Inc.’s portfolio, making the stock its 23rd largest position. Summit Financial Strategies Inc.’s holdings in iShares MSCI EAFE ETF were worth $4,643,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. ORG Wealth Partners LLC purchased a new position in shares of iShares MSCI EAFE ETF during the 3rd quarter valued at approximately $39,000. Kennebec Savings Bank acquired a new stake in iShares MSCI EAFE ETF in the third quarter valued at $49,000. Endeavor Private Wealth Inc. bought a new position in iShares MSCI EAFE ETF during the 4th quarter valued at $49,000. Financial Management Professionals Inc. increased its position in shares of iShares MSCI EAFE ETF by 2,734.8% in the 3rd quarter. Financial Management Professionals Inc. now owns 652 shares of the exchange traded fund’s stock worth $54,000 after purchasing an additional 629 shares during the last quarter. Finally, Armstrong Advisory Group Inc. raised its stake in shares of iShares MSCI EAFE ETF by 3,070.4% in the 4th quarter. Armstrong Advisory Group Inc. now owns 856 shares of the exchange traded fund’s stock valued at $65,000 after purchasing an additional 829 shares in the last quarter. Hedge funds and other institutional investors own 79.80% of the company’s stock.

iShares MSCI EAFE ETF Trading Up 0.6 %

NYSEARCA:EFA opened at $79.23 on Monday. iShares MSCI EAFE ETF has a one year low of $73.91 and a one year high of $84.56. The stock has a 50-day simple moving average of $77.27 and a 200 day simple moving average of $79.41.

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.