iShares MSCI EAFE ETF (NYSEARCA:EFA) Shares Sold by Montag & Caldwell LLC

Montag & Caldwell LLC decreased its position in iShares MSCI EAFE ETF (NYSEARCA:EFA) by 71.2% in the fourth quarter, HoldingsChannel.com reports. The fund owned 3,298 shares of the exchange traded fund’s stock after selling 8,142 shares during the period. Montag & Caldwell LLC’s holdings in iShares MSCI EAFE ETF were worth $249,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors also recently bought and sold shares of EFA. JPMorgan Chase & Co. raised its stake in shares of iShares MSCI EAFE ETF by 7.1% during the 4th quarter. JPMorgan Chase & Co. now owns 22,067,950 shares of the exchange traded fund’s stock worth $1,668,558,000 after buying an additional 1,463,799 shares during the period. Raymond James Financial Inc. purchased a new stake in iShares MSCI EAFE ETF during the fourth quarter worth about $258,750,000. Truist Financial Corp grew its stake in shares of iShares MSCI EAFE ETF by 4.2% in the fourth quarter. Truist Financial Corp now owns 3,372,742 shares of the exchange traded fund’s stock worth $255,013,000 after acquiring an additional 134,539 shares in the last quarter. Natixis Advisors LLC grew its holdings in iShares MSCI EAFE ETF by 124.5% during the 4th quarter. Natixis Advisors LLC now owns 3,370,059 shares of the exchange traded fund’s stock worth $254,810,000 after acquiring an additional 1,868,602 shares in the last quarter. Finally, CIBC Asset Management Inc lifted its stake in iShares MSCI EAFE ETF by 7.3% during the fourth quarter. CIBC Asset Management Inc now owns 3,081,835 shares of the exchange traded fund’s stock worth $233,018,000 after purchasing an additional 209,174 shares during the last quarter. Institutional investors and hedge funds own 79.80% of the company’s stock.

iShares MSCI EAFE ETF Trading Up 1.1 %

Shares of EFA opened at $79.82 on Tuesday. The company’s 50 day simple moving average is $81.32 and its 200-day simple moving average is $79.61. iShares MSCI EAFE ETF has a 12-month low of $72.15 and a 12-month high of $85.19. The firm has a market cap of $56.08 billion, a PE ratio of 16.88 and a beta of 0.81.

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.