Money Concepts Capital Corp Trims Holdings in iShares MSCI EAFE ETF $EFA

Money Concepts Capital Corp reduced its stake in iShares MSCI EAFE ETF (NYSEARCA:EFA) by 73.0% during the 1st quarter, HoldingsChannel.com reports. The fund owned 3,362 shares of the exchange traded fund’s stock after selling 9,101 shares during the quarter. Money Concepts Capital Corp’s holdings in iShares MSCI EAFE ETF were worth $327,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in the stock. Clearbridge Investments LLC acquired a new position in iShares MSCI EAFE ETF during the 4th quarter worth about $7,552,000. Gryphon Financial Partners LLC grew its position in iShares MSCI EAFE ETF by 18.4% in the 4th quarter. Gryphon Financial Partners LLC now owns 53,061 shares of the exchange traded fund’s stock valued at $5,095,000 after acquiring an additional 8,251 shares in the last quarter. Boston Common Asset Management LLC purchased a new stake in iShares MSCI EAFE ETF during the fourth quarter worth about $2,665,000. Avity Investment Management Inc. increased its stake in iShares MSCI EAFE ETF by 62.1% during the third quarter. Avity Investment Management Inc. now owns 112,803 shares of the exchange traded fund’s stock worth $10,532,000 after purchasing an additional 43,212 shares during the period. Finally, Common Fund For Nonprofit Organizations lifted its position in shares of iShares MSCI EAFE ETF by 21.6% during the third quarter. Common Fund For Nonprofit Organizations now owns 187,422 shares of the exchange traded fund’s stock worth $17,500,000 after purchasing an additional 33,344 shares in the last quarter. Hedge funds and other institutional investors own 79.80% of the company’s stock.

iShares MSCI EAFE ETF Stock Performance

NYSEARCA EFA opened at $104.33 on Monday. The firm has a 50 day simple moving average of $103.72 and a 200-day simple moving average of $101.34. iShares MSCI EAFE ETF has a one year low of $86.74 and a one year high of $105.94. The firm has a market cap of $77.25 billion, a price-to-earnings ratio of 16.48 and a beta of 0.78.

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. The Index includes stocks from Europe, Australasia and the Far East. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.