Sage Mountain Advisors LLC Trims Holdings in iShares MSCI EAFE ETF $EFA

Sage Mountain Advisors LLC lessened its holdings in shares of iShares MSCI EAFE ETF (NYSEARCA:EFA) by 5.7% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 37,196 shares of the exchange traded fund’s stock after selling 2,235 shares during the period. Sage Mountain Advisors LLC’s holdings in iShares MSCI EAFE ETF were worth $3,325,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of EFA. Brighton Jones LLC boosted its position 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 valued at $17,879,000 after acquiring an additional 11,902 shares in the last quarter. Revolve Wealth Partners LLC bought a new stake in iShares MSCI EAFE ETF during the 4th quarter valued at approximately $629,000. Bessemer Group Inc. boosted its position in iShares MSCI EAFE ETF by 1.6% during the 1st quarter. Bessemer Group Inc. now owns 75,016 shares of the exchange traded fund’s stock valued at $6,131,000 after acquiring an additional 1,159 shares in the last quarter. Sequoia Financial Advisors LLC boosted its position in iShares MSCI EAFE ETF by 259.7% during the 1st quarter. Sequoia Financial Advisors LLC now owns 66,953 shares of the exchange traded fund’s stock valued at $5,472,000 after acquiring an additional 48,338 shares in the last quarter. Finally, PDS Planning Inc bought a new stake in iShares MSCI EAFE ETF during the 1st quarter valued at approximately $201,000. Hedge funds and other institutional investors own 79.80% of the company’s stock.

iShares MSCI EAFE ETF Stock Performance

iShares MSCI EAFE ETF stock opened at $95.04 on Friday. The stock’s 50 day simple moving average is $93.09 and its two-hundred day simple moving average is $89.19. The stock has a market cap of $68.54 billion, a price-to-earnings ratio of 16.48 and a beta of 0.86. iShares MSCI EAFE ETF has a fifty-two week low of $72.14 and a fifty-two week high of $95.53.

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.