First Foundation Advisors Trims Position in iShares MSCI EAFE ETF (NYSEARCA:EFA)

First Foundation Advisors reduced its position in iShares MSCI EAFE ETF (NYSEARCA:EFA) by 3.9% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 55,295 shares of the exchange traded fund’s stock after selling 2,230 shares during the period. First Foundation Advisors’ holdings in iShares MSCI EAFE ETF were worth $4,181,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. AllSquare Wealth Management LLC grew its position in shares of iShares MSCI EAFE ETF by 92.7% during the 4th quarter. AllSquare Wealth Management LLC now owns 395 shares of the exchange traded fund’s stock valued at $30,000 after buying an additional 190 shares during the last quarter. Parkworth Wealth Management Inc. acquired a new stake in shares of iShares MSCI EAFE ETF during the 4th quarter worth approximately $32,000. Murphy & Mullick Capital Management Corp bought a new position in shares of iShares MSCI EAFE ETF during the fourth quarter valued at $36,000. Roxbury Financial LLC bought a new position in shares of iShares MSCI EAFE ETF in the fourth quarter worth about $43,000. Finally, Kentucky Trust Co bought a new stake in shares of iShares MSCI EAFE ETF during the 4th quarter valued at $45,000. Institutional investors and hedge funds own 79.80% of the company’s stock.

iShares MSCI EAFE ETF Trading Down 2.2 %

Shares of iShares MSCI EAFE ETF stock traded down $1.71 during trading hours on Thursday, reaching $76.88. 2,717,329 shares of the company’s stock were exchanged, compared to its average volume of 12,899,680. The company has a 50 day moving average of $81.36 and a two-hundred day moving average of $79.74. iShares MSCI EAFE ETF has a fifty-two week low of $72.15 and a fifty-two week high of $85.19. The stock has a market cap of $54.02 billion, a P/E ratio of 16.88 and a beta of 0.81.

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.