MCF Advisors LLC Sells 8,470 Shares of iShares MSCI EAFE ETF $EFA

MCF Advisors LLC lowered its holdings in iShares MSCI EAFE ETF (NYSEARCA:EFA) by 5.7% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 140,982 shares of the exchange traded fund’s stock after selling 8,470 shares during the quarter. iShares MSCI EAFE ETF accounts for about 0.7% of MCF Advisors LLC’s investment portfolio, making the stock its 22nd biggest position. MCF Advisors LLC’s holdings in iShares MSCI EAFE ETF were worth $13,538,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in EFA. Brighton Jones LLC increased its stake in iShares MSCI EAFE ETF by 5.3% in the fourth quarter. Brighton Jones LLC now owns 236,460 shares of the exchange traded fund’s stock valued at $17,879,000 after acquiring an additional 11,902 shares during the period. Revolve Wealth Partners LLC bought a new stake in iShares MSCI EAFE ETF during the fourth quarter worth about $629,000. First Trust Advisors LP grew its stake in iShares MSCI EAFE ETF by 13.4% during the second quarter. First Trust Advisors LP now owns 3,190 shares of the exchange traded fund’s stock worth $285,000 after buying an additional 377 shares during the last quarter. NewEdge Advisors LLC grew its stake in iShares MSCI EAFE ETF by 21.5% during the second quarter. NewEdge Advisors LLC now owns 115,897 shares of the exchange traded fund’s stock worth $10,360,000 after buying an additional 20,528 shares during the last quarter. Finally, Sei Investments Co. grew its stake in iShares MSCI EAFE ETF by 6.1% during the second quarter. Sei Investments Co. now owns 75,960 shares of the exchange traded fund’s stock worth $6,790,000 after buying an additional 4,348 shares during the last quarter. Institutional investors own 79.80% of the company’s stock.

iShares MSCI EAFE ETF Trading Down 2.6%

Shares of iShares MSCI EAFE ETF stock opened at $102.26 on Friday. The stock has a market capitalization of $75.47 billion, a price-to-earnings ratio of 16.48 and a beta of 0.78. iShares MSCI EAFE ETF has a 1-year low of $85.68 and a 1-year high of $105.94. The firm’s 50-day moving average price is $101.99 and its two-hundred day moving average price is $99.74.

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.