Boston Common Asset Management LLC Trims Stock Holdings in iShares MSCI EAFE ETF $EFA

Boston Common Asset Management LLC trimmed its holdings in iShares MSCI EAFE ETF (NYSEARCA:EFA) by 80.2% during the 1st quarter, HoldingsChannel reports. The institutional investor owned 5,508 shares of the exchange traded fund’s stock after selling 22,248 shares during the period. Boston Common Asset Management LLC’s holdings in iShares MSCI EAFE ETF were worth $535,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Horizon Investments LLC grew its position in iShares MSCI EAFE ETF by 2,520.0% in the 4th quarter. Horizon Investments LLC now owns 262 shares of the exchange traded fund’s stock valued at $25,000 after acquiring an additional 252 shares during the last quarter. Hilton Head Capital Partners LLC purchased a new stake in iShares MSCI EAFE ETF in the fourth quarter worth $26,000. Atlas Capital Advisors Inc. bought a new stake in shares of iShares MSCI EAFE ETF during the fourth quarter worth $29,000. GeoWealth Management LLC bought a new stake in shares of iShares MSCI EAFE ETF during the fourth quarter worth $37,000. Finally, Nemes Rush Group LLC bought a new stake in shares of iShares MSCI EAFE ETF during the fourth quarter worth $40,000. 79.80% of the stock is owned by institutional investors.

iShares MSCI EAFE ETF Stock Performance

Shares of EFA opened at $103.33 on Monday. The firm has a fifty day moving average price of $103.78 and a 200-day moving average price of $101.61. The firm 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 12-month low of $86.74 and a 12-month high of $105.94.

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.