iShares MSCI EAFE ETF $EFA Shares Sold by Merit Financial Group LLC

Merit Financial Group LLC reduced its holdings in shares of iShares MSCI EAFE ETF (NYSEARCA:EFA) by 13.8% during the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 46,693 shares of the exchange traded fund’s stock after selling 7,493 shares during the period. Merit Financial Group LLC’s holdings in iShares MSCI EAFE ETF were worth $4,360,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Laurel Wealth Advisors LLC increased its position in shares of iShares MSCI EAFE ETF by 8,818.3% during the second quarter. Laurel Wealth Advisors LLC now owns 3,291,030 shares of the exchange traded fund’s stock worth $294,185,000 after acquiring an additional 3,254,128 shares during the period. State Board of Administration of Florida Retirement System acquired a new position in iShares MSCI EAFE ETF during the 2nd quarter worth $209,353,000. Board of Trustees of The Leland Stanford Junior University grew its stake in iShares MSCI EAFE ETF by 222.4% during the 2nd quarter. Board of Trustees of The Leland Stanford Junior University now owns 3,346,434 shares of the exchange traded fund’s stock worth $299,138,000 after purchasing an additional 2,308,580 shares in the last quarter. Bessemer Group Inc. increased its holdings in iShares MSCI EAFE ETF by 3,057.6% during the 2nd quarter. Bessemer Group Inc. now owns 2,368,703 shares of the exchange traded fund’s stock worth $211,738,000 after purchasing an additional 2,293,687 shares during the period. Finally, Corient Private Wealth LLC raised its position in iShares MSCI EAFE ETF by 50.7% in the 2nd quarter. Corient Private Wealth LLC now owns 5,768,279 shares of the exchange traded fund’s stock valued at $504,181,000 after purchasing an additional 1,939,941 shares in the last quarter. Hedge funds and other institutional investors own 79.80% of the company’s stock.

iShares MSCI EAFE ETF Stock Performance

Shares of EFA opened at $96.03 on Friday. iShares MSCI EAFE ETF has a 1 year low of $72.14 and a 1 year high of $97.42. The stock has a market capitalization of $69.26 billion, a PE ratio of 16.48 and a beta of 0.84. The stock has a 50-day simple moving average of $95.10 and a 200-day simple moving average of $92.51.

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.