Park Edge Advisors LLC Lowers Holdings in iShares MSCI EAFE ETF $EFA

Park Edge Advisors LLC decreased its holdings in shares of iShares MSCI EAFE ETF (NYSEARCA:EFA) by 36.9% in the 1st quarter, Holdings Channel.com reports. The fund owned 8,631 shares of the exchange traded fund’s stock after selling 5,047 shares during the quarter. Park Edge Advisors LLC’s holdings in iShares MSCI EAFE ETF were worth $838,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in EFA. Becker Capital Management Inc. raised its holdings in shares of iShares MSCI EAFE ETF by 5.9% in the 3rd quarter. Becker Capital Management Inc. now owns 801,714 shares of the exchange traded fund’s stock valued at $74,856,000 after buying an additional 44,503 shares during the period. Clearbridge Investments LLC purchased a new position in iShares MSCI EAFE ETF during the 4th quarter valued at about $7,552,000. Gryphon Financial Partners LLC boosted its holdings in iShares MSCI EAFE ETF by 18.4% during the 4th quarter. Gryphon Financial Partners LLC now owns 53,061 shares of the exchange traded fund’s stock valued at $5,095,000 after acquiring an additional 8,251 shares during the period. Boston Common Asset Management LLC acquired a new position in iShares MSCI EAFE ETF in the 4th quarter valued at about $2,665,000. Finally, Avity Investment Management Inc. grew its position in iShares MSCI EAFE ETF by 62.1% in the 3rd quarter. Avity Investment Management Inc. now owns 112,803 shares of the exchange traded fund’s stock valued at $10,532,000 after acquiring an additional 43,212 shares in the last quarter. Institutional investors and hedge funds own 79.80% of the company’s stock.

iShares MSCI EAFE ETF Price Performance

Shares of NYSEARCA:EFA opened at $102.26 on Thursday. The firm has a market capitalization of $75.47 billion, a PE ratio of 16.48 and a beta of 0.78. The firm’s 50-day moving average is $103.34 and its two-hundred day moving average is $100.66. iShares MSCI EAFE ETF has a 1 year low of $86.74 and a 1 year high of $105.94.

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.