Fmr LLC Sells 164,735 Shares of iShares MSCI EAFE ETF (NYSEARCA:EFA)

Fmr LLC cut its stake in shares of iShares MSCI EAFE ETF (NYSEARCA:EFA) by 1.7% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 9,459,216 shares of the exchange traded fund’s stock after selling 164,735 shares during the period. Fmr LLC owned 1.35% of iShares MSCI EAFE ETF worth $715,211,000 at the end of the most recent reporting period.

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

iShares MSCI EAFE ETF Price Performance

Shares of iShares MSCI EAFE ETF stock opened at $72.96 on Wednesday. iShares MSCI EAFE ETF has a 1 year low of $72.15 and a 1 year high of $85.19. The firm has a market cap of $51.26 billion, a PE ratio of 16.88 and a beta of 0.81. The company has a 50 day simple moving average of $81.40 and a two-hundred day simple moving average of $79.77.

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.