Commonwealth Financial Services LLC Sells 4,843 Shares of iShares MSCI EAFE ETF $EFA

Commonwealth Financial Services LLC trimmed its holdings in shares of iShares MSCI EAFE ETF (NYSEARCA:EFA) by 9.4% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 46,502 shares of the exchange traded fund’s stock after selling 4,843 shares during the period. Commonwealth Financial Services LLC’s holdings in iShares MSCI EAFE ETF were worth $4,517,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of the business. Horizon Investments LLC lifted its holdings in shares of iShares MSCI EAFE ETF by 2,520.0% during the fourth quarter. Horizon Investments LLC now owns 262 shares of the exchange traded fund’s stock valued at $25,000 after purchasing an additional 252 shares in the last quarter. Hilton Head Capital Partners LLC bought a new stake in iShares MSCI EAFE ETF in the 4th quarter worth about $26,000. Atlas Capital Advisors Inc. bought a new stake in iShares MSCI EAFE ETF in the 4th quarter worth about $29,000. Scarborough Advisors LLC purchased a new position in iShares MSCI EAFE ETF in the 1st quarter worth about $33,000. Finally, GeoWealth Management LLC purchased a new position in iShares MSCI EAFE ETF in the 4th quarter worth about $37,000. Institutional investors own 79.80% of the company’s stock.

iShares MSCI EAFE ETF Stock Performance

EFA opened at $103.33 on Monday. The company’s 50-day simple moving average is $103.78 and its two-hundred day simple moving average is $101.61. The stock has a market capitalization of $76.51 billion, a P/E ratio of 16.48 and a beta of 0.78. iShares MSCI EAFE ETF has a 52-week low of $86.74 and a 52-week high of $105.94.

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.