DAVENPORT & Co LLC Sells 14,858 Shares of iShares MSCI EAFE ETF $EFA

DAVENPORT & Co LLC cut its position in iShares MSCI EAFE ETF (NYSEARCA:EFA) by 11.2% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 118,126 shares of the exchange traded fund’s stock after selling 14,858 shares during the quarter. DAVENPORT & Co LLC’s holdings in iShares MSCI EAFE ETF were worth $11,344,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Dynamic Advisor Solutions LLC lifted its holdings in shares of iShares MSCI EAFE ETF by 20.2% in the 3rd quarter. Dynamic Advisor Solutions LLC now owns 33,486 shares of the exchange traded fund’s stock worth $3,127,000 after purchasing an additional 5,638 shares in the last quarter. HMS Capital Management LLC grew its position in iShares MSCI EAFE ETF by 11.3% in the 3rd quarter. HMS Capital Management LLC now owns 190,530 shares of the exchange traded fund’s stock valued at $17,790,000 after purchasing an additional 19,371 shares during the period. Becker Capital Management Inc. increased its stake in iShares MSCI EAFE ETF by 5.9% during the 3rd quarter. Becker Capital Management Inc. now owns 801,714 shares of the exchange traded fund’s stock valued at $74,856,000 after purchasing an additional 44,503 shares in the last quarter. Aegis Wealth Management LLC increased its stake in iShares MSCI EAFE ETF by 132.6% during the 3rd quarter. Aegis Wealth Management LLC now owns 27,291 shares of the exchange traded fund’s stock valued at $2,548,000 after purchasing an additional 15,559 shares in the last quarter. Finally, Atria Investments Inc raised its holdings in iShares MSCI EAFE ETF by 7.7% during the third quarter. Atria Investments Inc now owns 424,296 shares of the exchange traded fund’s stock worth $39,616,000 after buying an additional 30,294 shares during the last quarter. 79.80% of the stock is owned by institutional investors.

iShares MSCI EAFE ETF Trading Up 1.5%

iShares MSCI EAFE ETF stock opened at $96.66 on Thursday. iShares MSCI EAFE ETF has a 1-year low of $72.14 and a 1-year high of $105.94. The firm has a market capitalization of $71.34 billion, a price-to-earnings ratio of 16.48 and a beta of 0.84. The firm’s fifty day moving average price is $100.83 and its two-hundred day moving average price is $96.96.

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.