Cornerstone Wealth Advisors Inc. Trims Stock Holdings in iShares MSCI EAFE ETF (NYSEARCA:EFA)

Cornerstone Wealth Advisors Inc. trimmed its holdings in iShares MSCI EAFE ETF (NYSEARCA:EFA) by 7.1% during the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 3,582 shares of the exchange traded fund’s stock after selling 275 shares during the quarter. Cornerstone Wealth Advisors Inc.’s holdings in iShares MSCI EAFE ETF were worth $293,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently modified their holdings of the business. Brighton Jones LLC increased its holdings in iShares MSCI EAFE ETF by 5.3% during the 4th quarter. Brighton Jones LLC now owns 236,460 shares of the exchange traded fund’s stock worth $17,879,000 after purchasing an additional 11,902 shares during the period. Revolve Wealth Partners LLC purchased a new position in iShares MSCI EAFE ETF during the 4th quarter worth $629,000. Empowered Funds LLC purchased a new position in iShares MSCI EAFE ETF during the 4th quarter worth $79,000. Vontobel Holding Ltd. increased its holdings in iShares MSCI EAFE ETF by 130.8% during the 4th quarter. Vontobel Holding Ltd. now owns 13,782 shares of the exchange traded fund’s stock worth $1,042,000 after purchasing an additional 7,810 shares during the period. Finally, Chevy Chase Trust Holdings LLC increased its holdings in iShares MSCI EAFE ETF by 2.6% during the 4th quarter. Chevy Chase Trust Holdings LLC now owns 82,449 shares of the exchange traded fund’s stock worth $6,234,000 after purchasing an additional 2,089 shares during the period. 79.80% of the stock is currently owned by hedge funds and other institutional investors.

iShares MSCI EAFE ETF Stock Down 1.3%

EFA opened at $89.23 on Monday. The stock’s fifty day moving average is $85.41 and its two-hundred day moving average is $81.61. The company has a market capitalization of $62.69 billion, a P/E ratio of 16.35 and a beta of 0.83. iShares MSCI EAFE ETF has a 52 week low of $72.15 and a 52 week high of $90.51.

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.