iA Global Asset Management Inc. Lowers Stock Position in iShares MSCI EAFE ETF $EFA

iA Global Asset Management Inc. lessened its stake in shares of iShares MSCI EAFE ETF (NYSEARCA:EFA) by 26.6% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 175,994 shares of the exchange traded fund’s stock after selling 63,642 shares during the quarter. iA Global Asset Management Inc.’s holdings in iShares MSCI EAFE ETF were worth $16,901,000 as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. Horizon Investments LLC boosted its stake in iShares MSCI EAFE ETF by 2,520.0% during the fourth quarter. Horizon Investments LLC now owns 262 shares of the exchange traded fund’s stock worth $25,000 after buying an additional 252 shares during the period. MMA Asset Management LLC purchased a new stake in iShares MSCI EAFE ETF during the third quarter worth about $34,000. GoalVest Advisory LLC increased its stake in iShares MSCI EAFE ETF by 106.4% during the fourth quarter. GoalVest Advisory LLC now owns 388 shares of the exchange traded fund’s stock worth $37,000 after purchasing an additional 200 shares during the period. Versant Capital Management Inc purchased a new stake in iShares MSCI EAFE ETF during the third quarter worth about $37,000. Finally, Toth Financial Advisory Corp purchased a new stake in shares of iShares MSCI EAFE ETF during the fourth quarter worth approximately $41,000. Hedge funds and other institutional investors own 79.80% of the company’s stock.

iShares MSCI EAFE ETF Stock Performance

EFA stock opened at $101.72 on Friday. The company’s 50 day moving average price is $99.97 and its 200 day moving average price is $98.79. iShares MSCI EAFE ETF has a fifty-two week low of $85.68 and a fifty-two week high of $105.94. The firm has a market capitalization of $75.07 billion, a price-to-earnings ratio of 16.48 and a beta of 0.78.

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.