Commonwealth Equity Services LLC Decreases Stock Holdings in iShares MSCI EAFE ETF $EFA

Commonwealth Equity Services LLC lowered its holdings in iShares MSCI EAFE ETF (NYSEARCA:EFA) by 18.5% in the 3rd quarter, Holdings Channel.com reports. The fund owned 1,050,949 shares of the exchange traded fund’s stock after selling 238,255 shares during the quarter. Commonwealth Equity Services LLC’s holdings in iShares MSCI EAFE ETF were worth $98,127,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in EFA. Pineridge Advisors LLC acquired a new stake in iShares MSCI EAFE ETF in the 2nd quarter valued at $25,000. Pflug Koory LLC grew its stake in shares of iShares MSCI EAFE ETF by 65.9% in the third quarter. Pflug Koory LLC now owns 375 shares of the exchange traded fund’s stock valued at $35,000 after buying an additional 149 shares in the last quarter. Addison Advisors LLC raised its holdings in shares of 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 valued at $34,000 after buying an additional 137 shares during the period. Angeles Investment Advisors LLC acquired a new position in iShares MSCI EAFE ETF during the 2nd quarter worth approximately $39,000. Finally, Twin Peaks Wealth Advisors LLC purchased a new position in iShares MSCI EAFE ETF in the 2nd quarter worth approximately $49,000. Institutional investors and hedge funds own 79.80% of the company’s stock.

iShares MSCI EAFE ETF Stock Up 1.1%

Shares of NYSEARCA:EFA opened at $98.15 on Tuesday. The company has a market capitalization of $72.08 billion, a price-to-earnings ratio of 16.48 and a beta of 0.84. The company has a 50 day moving average of $95.19 and a two-hundred day moving average of $92.73. iShares MSCI EAFE ETF has a 52-week low of $72.14 and a 52-week high of $98.15.

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. 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.