Glen Eagle Advisors LLC Decreases Stock Position in iShares MSCI EAFE ETF $EFA

Glen Eagle Advisors LLC cut its stake in shares of iShares MSCI EAFE ETF (NYSEARCA:EFA) by 37.5% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 52,691 shares of the exchange traded fund’s stock after selling 31,606 shares during the quarter. iShares MSCI EAFE ETF accounts for about 0.7% of Glen Eagle Advisors LLC’s investment portfolio, making the stock its 29th largest holding. Glen Eagle Advisors LLC’s holdings in iShares MSCI EAFE ETF were worth $5,118,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also bought and sold shares of EFA. Northwestern Mutual Wealth Management Co. increased its stake in iShares MSCI EAFE ETF by 359.5% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 11,306,948 shares of the exchange traded fund’s stock worth $1,085,806,000 after purchasing an additional 8,846,240 shares during the period. Morgan Stanley boosted its stake in shares of iShares MSCI EAFE ETF by 15.5% during the fourth quarter. Morgan Stanley now owns 31,617,599 shares of the exchange traded fund’s stock valued at $3,036,238,000 after purchasing an additional 4,244,605 shares during the period. Bank of America Corp DE boosted its stake in shares of iShares MSCI EAFE ETF by 9.5% during the fourth quarter. Bank of America Corp DE now owns 40,215,965 shares of the exchange traded fund’s stock valued at $3,861,939,000 after purchasing an additional 3,481,849 shares during the period. Fifth Third Bancorp grew its holdings in shares of iShares MSCI EAFE ETF by 214.8% in the first quarter. Fifth Third Bancorp now owns 3,734,895 shares of the exchange traded fund’s stock worth $362,770,000 after purchasing an additional 2,548,421 shares during the last quarter. Finally, Valpey Financial Services LLC grew its holdings in shares of iShares MSCI EAFE ETF by 9,468.5% in the fourth quarter. Valpey Financial Services LLC now owns 2,091,588 shares of the exchange traded fund’s stock worth $200,855,000 after purchasing an additional 2,069,729 shares during the last quarter. 79.80% of the stock is currently owned by institutional investors.

iShares MSCI EAFE ETF Stock Up 0.5%

Shares of NYSEARCA EFA opened at $103.91 on Tuesday. The firm’s fifty day moving average is $103.83 and its 200 day moving average is $101.88. iShares MSCI EAFE ETF has a 52 week low of $86.74 and a 52 week high of $105.94. The company has a market cap of $76.81 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.