Summit Securities Group LLC reduced its position in shares of iShares MSCI EAFE ETF (NYSEARCA:EFA – Free Report) by 93.9% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 600 shares of the exchange traded fund’s stock after selling 9,300 shares during the period. Summit Securities Group LLC’s holdings in iShares MSCI EAFE ETF were worth $58,000 as of its most recent SEC filing.
Several other institutional investors and hedge funds have also made changes to their positions in the company. Clearbridge Investments LLC acquired a new stake in iShares MSCI EAFE ETF in the fourth quarter worth $7,552,000. Gryphon Financial Partners LLC grew its position in shares of iShares MSCI EAFE ETF by 18.4% during the fourth quarter. Gryphon Financial Partners LLC now owns 53,061 shares of the exchange traded fund’s stock worth $5,095,000 after acquiring an additional 8,251 shares during the last quarter. Boston Common Asset Management LLC acquired a new stake in shares of iShares MSCI EAFE ETF in the 4th quarter worth about $2,665,000. Avity Investment Management Inc. increased its holdings in shares of iShares MSCI EAFE ETF by 62.1% in the 3rd quarter. Avity Investment Management Inc. now owns 112,803 shares of the exchange traded fund’s stock worth $10,532,000 after acquiring an additional 43,212 shares during the period. Finally, Common Fund For Nonprofit Organizations lifted its position in iShares MSCI EAFE ETF by 21.6% in the 3rd quarter. Common Fund For Nonprofit Organizations now owns 187,422 shares of the exchange traded fund’s stock valued at $17,500,000 after purchasing an additional 33,344 shares during the last quarter. 79.80% of the stock is currently owned by hedge funds and other institutional investors.
iShares MSCI EAFE ETF Trading Up 0.4%
iShares MSCI EAFE ETF stock traded up $0.41 during midday trading on Friday, reaching $104.33. 8,286,793 shares of the stock traded hands, compared to its average volume of 19,149,502. The firm has a fifty day moving average price of $103.72 and a two-hundred day moving average price of $101.31. The firm has a market cap of $77.56 billion, a price-to-earnings ratio of 16.48 and a beta of 0.78. iShares MSCI EAFE ETF has a fifty-two week low of $86.74 and a fifty-two week high of $105.94.
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. The Index includes stocks from Europe, Australasia and the Far East. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.
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