iShares MSCI EAFE ETF $EFA Shares Sold by AE Wealth Management LLC

AE Wealth Management LLC lessened its stake in shares of iShares MSCI EAFE ETF (NYSEARCA:EFA) by 28.8% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 33,273 shares of the exchange traded fund’s stock after selling 13,467 shares during the quarter. AE Wealth Management LLC’s holdings in iShares MSCI EAFE ETF were worth $3,107,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Pineridge Advisors LLC purchased a new stake in iShares MSCI EAFE ETF in the 2nd quarter valued at about $25,000. Addison Advisors LLC boosted 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 during the last quarter. Pflug Koory LLC increased its position in iShares MSCI EAFE ETF by 65.9% during the third quarter. Pflug Koory LLC now owns 375 shares of the exchange traded fund’s stock worth $35,000 after purchasing an additional 149 shares during the last quarter. Versant Capital Management Inc acquired a new position in iShares MSCI EAFE ETF during the third quarter worth approximately $37,000. Finally, Angeles Investment Advisors LLC purchased a new position in iShares MSCI EAFE ETF during the second quarter worth approximately $39,000. 79.80% of the stock is currently owned by hedge funds and other institutional investors.

iShares MSCI EAFE ETF Stock Performance

NYSEARCA EFA opened at $100.74 on Friday. The firm has a market capitalization of $74.35 billion, a price-to-earnings ratio of 16.48 and a beta of 0.84. iShares MSCI EAFE ETF has a one year low of $72.14 and a one year high of $102.32. The company’s 50 day moving average price is $97.17 and its 200 day moving average price is $94.14.

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.