Hsbc Holdings PLC Decreases Position in iShares MSCI EAFE ETF $EFA

Hsbc Holdings PLC lessened its stake in iShares MSCI EAFE ETF (NYSEARCA:EFA) by 79.0% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 363,989 shares of the exchange traded fund’s stock after selling 1,367,307 shares during the quarter. Hsbc Holdings PLC’s holdings in iShares MSCI EAFE ETF were worth $34,928,000 at the end of the most recent quarter.

Other hedge funds also recently modified their holdings of the company. Horizon Investments LLC raised its stake in shares of iShares MSCI EAFE ETF by 2,520.0% in the fourth quarter. Horizon Investments LLC now owns 262 shares of the exchange traded fund’s stock valued at $25,000 after buying an additional 252 shares during the period. Hilton Head Capital Partners LLC purchased a new position in shares of iShares MSCI EAFE ETF during the 4th quarter valued at $26,000. Atlas Capital Advisors Inc. bought a new position in shares of iShares MSCI EAFE ETF during the 4th quarter worth $29,000. GoalVest Advisory LLC grew its stake in shares of iShares MSCI EAFE ETF by 106.4% during the 4th quarter. GoalVest Advisory LLC now owns 388 shares of the exchange traded fund’s stock worth $37,000 after acquiring an additional 200 shares during the period. Finally, GeoWealth Management LLC purchased a new stake 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

Shares of iShares MSCI EAFE ETF stock opened at $102.46 on Wednesday. iShares MSCI EAFE ETF has a 52-week low of $86.74 and a 52-week high of $105.94. The stock’s 50-day simple moving average is $103.35 and its 200 day simple moving average is $100.61. The stock has a market capitalization of $75.62 billion, a P/E ratio of 16.48 and a beta of 0.78.

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.