Envestnet Asset Management Inc. Trims Stock Holdings in iShares MSCI EAFE ETF (NYSEARCA:EFA)

Envestnet Asset Management Inc. reduced its stake in iShares MSCI EAFE ETF (NYSEARCA:EFA) by 4.8% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 12,427,599 shares of the exchange traded fund’s stock after selling 621,320 shares during the period. iShares MSCI EAFE ETF makes up approximately 1.0% of Envestnet Asset Management Inc.’s portfolio, making the stock its 19th biggest position. Envestnet Asset Management Inc. owned about 1.34% of iShares MSCI EAFE ETF worth $816,866,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Hudock Capital Group LLC increased its stake in iShares MSCI EAFE ETF by 255.1% during the second quarter. Hudock Capital Group LLC now owns 16,073 shares of the exchange traded fund’s stock worth $1,056,000 after purchasing an additional 11,547 shares during the period. Arbor Investment Advisors LLC increased its stake in iShares MSCI EAFE ETF by 0.3% during the second quarter. Arbor Investment Advisors LLC now owns 416,844 shares of the exchange traded fund’s stock worth $27,399,000 after purchasing an additional 1,367 shares during the period. Arden Trust Co purchased a new stake in iShares MSCI EAFE ETF during the second quarter worth about $772,000. Cliftonlarsonallen Wealth Advisors LLC increased its stake in iShares MSCI EAFE ETF by 0.3% during the first quarter. Cliftonlarsonallen Wealth Advisors LLC now owns 61,091 shares of the exchange traded fund’s stock worth $3,962,000 after purchasing an additional 157 shares during the period. Finally, Personal Resources Investment & Strategic Management Inc. increased its stake in iShares MSCI EAFE ETF by 4.6% during the first quarter. Personal Resources Investment & Strategic Management Inc. now owns 240,376 shares of the exchange traded fund’s stock worth $15,591,000 after purchasing an additional 10,530 shares during the period.

NYSEARCA:EFA traded up $0.12 on Thursday, reaching $61.42. 1,772,634 shares of the company’s stock were exchanged, compared to its average volume of 26,093,590. The business has a fifty day simple moving average of $64.96. iShares MSCI EAFE ETF has a 52-week low of $56.77 and a 52-week high of $69.13.

iShares MSCI EAFE ETF Company 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.

Read More: Price to Earnings Ratio (PE) Basics

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Institutional Ownership by Quarter for iShares MSCI EAFE ETF (NYSEARCA:EFA)

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