Salomon & Ludwin LLC Trims Holdings in iShares MSCI EAFE ETF $EFA

Salomon & Ludwin LLC lessened its holdings in shares of iShares MSCI EAFE ETF (NYSEARCA:EFA) by 1.2% during the second quarter, Holdings Channel reports. The firm owned 242,856 shares of the exchange traded fund’s stock after selling 2,967 shares during the quarter. iShares MSCI EAFE ETF makes up about 2.1% of Salomon & Ludwin LLC’s investment portfolio, making the stock its 15th biggest position. Salomon & Ludwin LLC’s holdings in iShares MSCI EAFE ETF were worth $21,735,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of the business. Chicago Partners Investment Group LLC increased its holdings in iShares MSCI EAFE ETF by 2.5% during the 2nd quarter. Chicago Partners Investment Group LLC now owns 84,983 shares of the exchange traded fund’s stock valued at $7,779,000 after purchasing an additional 2,068 shares during the period. Sigma Investment Counselors Inc. increased its holdings in iShares MSCI EAFE ETF by 13.9% during the 2nd quarter. Sigma Investment Counselors Inc. now owns 47,367 shares of the exchange traded fund’s stock valued at $4,234,000 after purchasing an additional 5,796 shares during the period. Wingate Wealth Advisors Inc. increased its holdings in iShares MSCI EAFE ETF by 2.0% during the 2nd quarter. Wingate Wealth Advisors Inc. now owns 15,440 shares of the exchange traded fund’s stock valued at $1,380,000 after purchasing an additional 304 shares during the period. BKM Wealth Management LLC purchased a new position in iShares MSCI EAFE ETF during the 2nd quarter valued at about $217,000. Finally, Financial Synergies Wealth Advisors Inc. increased its holdings in iShares MSCI EAFE ETF by 1.4% during the 2nd quarter. Financial Synergies Wealth Advisors Inc. now owns 30,193 shares of the exchange traded fund’s stock valued at $2,699,000 after purchasing an additional 415 shares during the period. Hedge funds and other institutional investors own 79.80% of the company’s stock.

iShares MSCI EAFE ETF Price Performance

Shares of NYSEARCA:EFA opened at $94.51 on Friday. iShares MSCI EAFE ETF has a 1 year low of $72.14 and a 1 year high of $95.53. The stock’s 50-day moving average is $92.73 and its 200 day moving average is $88.61. The company has a market cap of $68.16 billion, a PE ratio of 16.48 and a beta of 0.86.

iShares MSCI EAFE ETF 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.