Sovereign Financial Group Inc. Trims Position in iShares MSCI EAFE ETF $EFA

Sovereign Financial Group Inc. decreased its position in shares of iShares MSCI EAFE ETF (NYSEARCA:EFA) by 6.9% during the 2nd quarter, according to its most recent disclosure with the SEC. The firm owned 13,758 shares of the exchange traded fund’s stock after selling 1,012 shares during the period. Sovereign Financial Group Inc.’s holdings in iShares MSCI EAFE ETF were worth $1,230,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of the company. Aurora Private Wealth Inc. raised its stake in iShares MSCI EAFE ETF by 2,358.3% during the first quarter. Aurora Private Wealth Inc. now owns 76,183 shares of the exchange traded fund’s stock worth $6,226,000 after purchasing an additional 73,084 shares during the period. Alexander Randolph Advisory Inc. raised its stake in iShares MSCI EAFE ETF by 7.5% during the first quarter. Alexander Randolph Advisory Inc. now owns 5,421 shares of the exchange traded fund’s stock worth $443,000 after purchasing an additional 379 shares during the period. US Financial Advisors LLC raised its stake in iShares MSCI EAFE ETF by 9.8% during the first quarter. US Financial Advisors LLC now owns 240,077 shares of the exchange traded fund’s stock worth $19,622,000 after purchasing an additional 21,522 shares during the period. Tillman Hartley LLC raised its stake in iShares MSCI EAFE ETF by 22.6% during the first quarter. Tillman Hartley LLC now owns 3,301 shares of the exchange traded fund’s stock worth $270,000 after purchasing an additional 608 shares during the period. Finally, N.E.W. Advisory Services LLC purchased a new position in iShares MSCI EAFE ETF during the first quarter worth approximately $85,000. Hedge funds and other institutional investors own 79.80% of the company’s stock.

iShares MSCI EAFE ETF Stock Down 1.8%

NYSEARCA:EFA opened at $92.24 on Friday. The company has a market cap of $66.52 billion, a P/E 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. The firm’s 50 day moving average is $92.27 and its two-hundred day moving average is $88.21.

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.