Kovitz Investment Group Partners LLC Has $42.55 Million Stock Position in iShares MSCI EAFE ETF (NYSEARCA:EFA)

Kovitz Investment Group Partners LLC reduced its position in shares of iShares MSCI EAFE ETF (NYSEARCA:EFA) by 12.1% in the 4th quarter, HoldingsChannel reports. The firm owned 562,723 shares of the exchange traded fund’s stock after selling 77,138 shares during the period. Kovitz Investment Group Partners LLC’s holdings in iShares MSCI EAFE ETF were worth $42,548,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Topsail Wealth Management LLC bought a new position in shares of iShares MSCI EAFE ETF in the fourth quarter valued at approximately $607,000. Integrated Wealth Concepts LLC increased its holdings in iShares MSCI EAFE ETF by 2.2% during the 4th quarter. Integrated Wealth Concepts LLC now owns 45,446 shares of the exchange traded fund’s stock valued at $3,436,000 after purchasing an additional 987 shares in the last quarter. Wealth Dimensions Group Ltd. raised its position in iShares MSCI EAFE ETF by 19.1% in the 4th quarter. Wealth Dimensions Group Ltd. now owns 5,548 shares of the exchange traded fund’s stock valued at $420,000 after purchasing an additional 889 shares during the last quarter. Transce3nd LLC bought a new position in iShares MSCI EAFE ETF in the 4th quarter valued at $107,000. Finally, Kayne Anderson Rudnick Investment Management LLC boosted its stake in iShares MSCI EAFE ETF by 56.8% in the fourth quarter. Kayne Anderson Rudnick Investment Management LLC now owns 203,737 shares of the exchange traded fund’s stock worth $15,397,000 after purchasing an additional 73,796 shares in the last quarter. 79.80% of the stock is currently owned by institutional investors and hedge funds.

iShares MSCI EAFE ETF Stock Performance

Shares of NYSEARCA:EFA opened at $83.76 on Friday. The business has a fifty day moving average of $81.43 and a 200-day moving average of $79.59. iShares MSCI EAFE ETF has a twelve month low of $72.15 and a twelve month high of $85.19. The firm has a market cap of $58.85 billion, a PE ratio of 16.12 and a beta of 0.81.

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.