Financial Counselors Inc. Trims Position in iShares MSCI EAFE ETF (NYSEARCA:EFA)

Financial Counselors Inc. trimmed its holdings in shares of iShares MSCI EAFE ETF (NYSEARCA:EFA) by 21.3% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 209,895 shares of the exchange traded fund’s stock after selling 56,678 shares during the period. Financial Counselors Inc.’s holdings in iShares MSCI EAFE ETF were worth $15,870,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the business. AllSquare Wealth Management LLC lifted 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 valued at $30,000 after purchasing an additional 190 shares during the period. Parkworth Wealth Management Inc. acquired a new position in shares of iShares MSCI EAFE ETF in the 4th quarter valued at about $32,000. Murphy & Mullick Capital Management Corp purchased a new stake in shares of iShares MSCI EAFE ETF in the fourth quarter worth about $36,000. Roxbury Financial LLC purchased a new stake in shares of iShares MSCI EAFE ETF in the fourth quarter worth about $43,000. Finally, Kentucky Trust Co acquired a new stake in iShares MSCI EAFE ETF during the fourth quarter worth about $45,000. Institutional investors and hedge funds own 79.80% of the company’s stock.

iShares MSCI EAFE ETF Trading Up 0.5 %

Shares of NYSEARCA:EFA opened at $84.11 on Wednesday. The company has a market capitalization of $59.10 billion, a PE ratio of 17.21 and a beta of 0.86. iShares MSCI EAFE ETF has a 12-month low of $73.91 and a 12-month high of $85.19. The business has a 50 day moving average of $81.18 and a two-hundred day moving average of $79.96.

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.