Alpha Cubed Investments LLC Reduces Stock Position in iShares MSCI EAFE ETF $EFA

Alpha Cubed Investments LLC reduced its holdings in shares of iShares MSCI EAFE ETF (NYSEARCA:EFA) by 32.2% in the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 11,936 shares of the exchange traded fund’s stock after selling 5,673 shares during the period. Alpha Cubed Investments LLC’s holdings in iShares MSCI EAFE ETF were worth $1,067,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Addison Advisors LLC grew its holdings in iShares MSCI EAFE ETF by 56.6% during the 2nd quarter. Addison Advisors LLC now owns 379 shares of the exchange traded fund’s stock worth $34,000 after acquiring an additional 137 shares in the last quarter. Fiduciary Wealth Partners LLC acquired a new stake in shares of iShares MSCI EAFE ETF in the 1st quarter valued at about $36,000. Elequin Capital LP lifted its position in shares of iShares MSCI EAFE ETF by 44.7% during the first quarter. Elequin Capital LP now owns 447 shares of the exchange traded fund’s stock worth $37,000 after purchasing an additional 138 shares during the last quarter. Howe & Rusling Inc. grew its stake in iShares MSCI EAFE ETF by 99.2% in the first quarter. Howe & Rusling Inc. now owns 743 shares of the exchange traded fund’s stock worth $61,000 after purchasing an additional 370 shares in the last quarter. Finally, Curio Wealth LLC increased its holdings in iShares MSCI EAFE ETF by 22,600.0% in the second quarter. Curio Wealth LLC now owns 681 shares of the exchange traded fund’s stock valued at $61,000 after buying an additional 678 shares during the last quarter. Institutional investors own 79.80% of the company’s stock.

iShares MSCI EAFE ETF Trading Up 0.4%

Shares of EFA opened at $94.30 on Monday. iShares MSCI EAFE ETF has a 52 week low of $72.14 and a 52 week high of $95.95. The firm has a market cap of $68.01 billion, a price-to-earnings ratio of 16.48 and a beta of 0.84. The stock has a 50 day moving average of $93.60 and a 200-day moving average of $90.45.

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.