Capital Management Associates Inc Sells 4,264 Shares of iShares MSCI EAFE ETF $EFA

Capital Management Associates Inc trimmed its position in shares of iShares MSCI EAFE ETF (NYSEARCA:EFA) by 55.2% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 3,464 shares of the exchange traded fund’s stock after selling 4,264 shares during the quarter. Capital Management Associates Inc’s holdings in iShares MSCI EAFE ETF were worth $310,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Goldman Sachs Group Inc. lifted its holdings in shares of iShares MSCI EAFE ETF by 20.2% during the 1st quarter. Goldman Sachs Group Inc. now owns 46,571,506 shares of the exchange traded fund’s stock valued at $3,806,289,000 after purchasing an additional 7,811,598 shares in the last quarter. TD Asset Management Inc lifted its stake in iShares MSCI EAFE ETF by 29.7% in the first quarter. TD Asset Management Inc now owns 8,517,440 shares of the exchange traded fund’s stock valued at $696,130,000 after buying an additional 1,949,126 shares in the last quarter. Sand Hill Global Advisors LLC lifted its stake in iShares MSCI EAFE ETF by 3.5% in the first quarter. Sand Hill Global Advisors LLC now owns 2,825,948 shares of the exchange traded fund’s stock valued at $230,965,000 after buying an additional 96,306 shares in the last quarter. Northwestern Mutual Wealth Management Co. lifted its stake in iShares MSCI EAFE ETF by 2.0% in the first quarter. Northwestern Mutual Wealth Management Co. now owns 2,343,426 shares of the exchange traded fund’s stock valued at $191,528,000 after buying an additional 46,879 shares in the last quarter. Finally, Mackenzie Financial Corp lifted its stake in iShares MSCI EAFE ETF by 7.3% in the first quarter. Mackenzie Financial Corp now owns 2,231,792 shares of the exchange traded fund’s stock valued at $182,404,000 after buying an additional 151,364 shares in the last quarter. 79.80% of the stock is currently owned by institutional investors.

iShares MSCI EAFE ETF Trading Up 0.3%

EFA opened at $94.75 on Thursday. The stock has a market capitalization of $68.33 billion, a P/E ratio of 16.48 and a beta of 0.86. iShares MSCI EAFE ETF has a 12 month low of $72.14 and a 12 month high of $95.53. The firm’s fifty day simple moving average is $92.05 and its 200 day simple moving average is $88.04.

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.