LFA Lugano Financial Advisors SA Sells 963 Shares of iShares MSCI EAFE ETF (NYSEARCA:EFA)

LFA Lugano Financial Advisors SA decreased its position in iShares MSCI EAFE ETF (NYSEARCA:EFA) by 4.3% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 21,519 shares of the exchange traded fund’s stock after selling 963 shares during the period. iShares MSCI EAFE ETF makes up approximately 1.1% of LFA Lugano Financial Advisors SA’s holdings, making the stock its 29th biggest position. LFA Lugano Financial Advisors SA’s holdings in iShares MSCI EAFE ETF were worth $1,627,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Noble Wealth Management PBC purchased a new stake in shares of iShares MSCI EAFE ETF during the 4th quarter valued at about $1,353,000. Empowered Funds LLC acquired a new position in iShares MSCI EAFE ETF during the 4th quarter valued at about $79,000. Summit Trail Advisors LLC lifted its stake in iShares MSCI EAFE ETF by 21.6% during the 3rd quarter. Summit Trail Advisors LLC now owns 341,991 shares of the exchange traded fund’s stock valued at $28,601,000 after acquiring an additional 60,685 shares during the period. Baron Financial Group LLC boosted its stake in shares of iShares MSCI EAFE ETF by 3.7% during the 4th quarter. Baron Financial Group LLC now owns 75,556 shares of the exchange traded fund’s stock worth $5,713,000 after acquiring an additional 2,681 shares in the last quarter. Finally, Clientfirst Wealth Management LLC purchased a new position in iShares MSCI EAFE ETF in the 4th quarter valued at $397,000. Institutional investors own 79.80% of the company’s stock.

iShares MSCI EAFE ETF Stock Up 0.7 %

NYSEARCA:EFA opened at $82.75 on Thursday. The company has a fifty day simple moving average of $79.70 and a two-hundred day simple moving average of $79.85. The company has a market cap of $58.14 billion, a price-to-earnings ratio of 17.57 and a beta of 0.87. iShares MSCI EAFE ETF has a 52 week low of $73.91 and a 52 week high of $84.57.

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.