Arrowstreet Capital Limited Partnership Lowers Stake in iShares MSCI EAFE ETF $EFA

Arrowstreet Capital Limited Partnership trimmed its position in iShares MSCI EAFE ETF (NYSEARCA:EFA) by 46.7% during the second quarter, HoldingsChannel.com reports. The firm owned 185,702 shares of the exchange traded fund’s stock after selling 162,775 shares during the quarter. Arrowstreet Capital Limited Partnership’s holdings in iShares MSCI EAFE ETF were worth $16,600,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also modified their holdings of EFA. Pineridge Advisors LLC acquired a new stake in iShares MSCI EAFE ETF during the 2nd quarter worth approximately $25,000. Addison Advisors LLC increased its position in shares of iShares MSCI EAFE ETF by 56.6% in the second 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. Elequin Capital LP raised its stake in shares of iShares MSCI EAFE ETF by 44.7% in the 1st quarter. Elequin Capital LP now owns 447 shares of the exchange traded fund’s stock valued at $37,000 after acquiring an additional 138 shares during the period. Angeles Investment Advisors LLC acquired a new position in shares of iShares MSCI EAFE ETF during the 2nd quarter valued at $39,000. Finally, Howe & Rusling Inc. boosted its position in iShares MSCI EAFE ETF by 99.2% during the 1st quarter. Howe & Rusling Inc. now owns 743 shares of the exchange traded fund’s stock worth $61,000 after purchasing an additional 370 shares during the period. 79.80% of the stock is owned by institutional investors and hedge funds.

iShares MSCI EAFE ETF Trading Down 0.3%

Shares of NYSEARCA EFA opened at $95.51 on Tuesday. The stock has a fifty day moving average price of $94.46 and a 200 day moving average price of $91.70. iShares MSCI EAFE ETF has a 12-month low of $72.14 and a 12-month high of $96.69. The company has a market cap of $68.88 billion, a P/E ratio of 16.48 and a beta of 0.84.

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.