Retirement Systems of Alabama Reduces Position in iShares MSCI EAFE ETF $EFA

Retirement Systems of Alabama decreased its stake in shares of iShares MSCI EAFE ETF (NYSEARCA:EFA) by 2.9% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 325,864 shares of the exchange traded fund’s stock after selling 9,802 shares during the quarter. Retirement Systems of Alabama’s holdings in iShares MSCI EAFE ETF were worth $30,426,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in EFA. Dynamic Advisor Solutions LLC raised its position in iShares MSCI EAFE ETF by 20.2% during the 3rd quarter. Dynamic Advisor Solutions LLC now owns 33,486 shares of the exchange traded fund’s stock worth $3,127,000 after buying an additional 5,638 shares during the last quarter. HMS Capital Management LLC increased its stake in shares of iShares MSCI EAFE ETF by 11.3% in the third quarter. HMS Capital Management LLC now owns 190,530 shares of the exchange traded fund’s stock worth $17,790,000 after acquiring an additional 19,371 shares during the period. Atlantic Union Bankshares Corp raised its holdings in shares of iShares MSCI EAFE ETF by 49.7% during the second quarter. Atlantic Union Bankshares Corp now owns 96,644 shares of the exchange traded fund’s stock worth $8,639,000 after purchasing an additional 32,097 shares during the last quarter. Global Retirement Partners LLC lifted its position in iShares MSCI EAFE ETF by 26.1% during the third quarter. Global Retirement Partners LLC now owns 48,460 shares of the exchange traded fund’s stock valued at $4,525,000 after purchasing an additional 10,032 shares during the period. Finally, Ellis Investment Partners LLC lifted its position in iShares MSCI EAFE ETF by 153.1% during the second quarter. Ellis Investment Partners LLC now owns 54,314 shares of the exchange traded fund’s stock valued at $4,855,000 after purchasing an additional 32,851 shares during the period. 79.80% of the stock is currently owned by institutional investors and hedge funds.

iShares MSCI EAFE ETF Stock Performance

Shares of EFA opened at $99.97 on Monday. The business’s 50-day moving average is $96.31 and its two-hundred day moving average is $93.74. The company has a market capitalization of $73.78 billion, a P/E ratio of 16.48 and a beta of 0.84. iShares MSCI EAFE ETF has a fifty-two week low of $72.14 and a fifty-two week high of $100.00.

iShares MSCI EAFE ETF Company 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. 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.