Taikang Asset Management Hong Kong Co Ltd Sells 58,699 Shares of iShares MSCI EAFE ETF $EFA

Taikang Asset Management Hong Kong Co Ltd trimmed its holdings in shares of iShares MSCI EAFE ETF (NYSEARCA:EFA) by 22.8% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 198,844 shares of the exchange traded fund’s stock after selling 58,699 shares during the period. iShares MSCI EAFE ETF comprises approximately 1.9% of Taikang Asset Management Hong Kong Co Ltd’s investment portfolio, making the stock its 14th largest holding. Taikang Asset Management Hong Kong Co Ltd’s holdings in iShares MSCI EAFE ETF were worth $19,095,000 as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in EFA. Brighton Jones LLC raised its stake in shares of iShares MSCI EAFE ETF by 5.3% during the 4th quarter. Brighton Jones LLC now owns 236,460 shares of the exchange traded fund’s stock worth $17,879,000 after purchasing an additional 11,902 shares during the period. Revolve Wealth Partners LLC bought a new stake in shares of iShares MSCI EAFE ETF during the 4th quarter worth $629,000. First Trust Advisors LP raised its stake in shares of iShares MSCI EAFE ETF by 13.4% during the 2nd quarter. First Trust Advisors LP now owns 3,190 shares of the exchange traded fund’s stock worth $285,000 after purchasing an additional 377 shares during the period. NewEdge Advisors LLC raised its stake in shares of iShares MSCI EAFE ETF by 21.5% during the 2nd quarter. NewEdge Advisors LLC now owns 115,897 shares of the exchange traded fund’s stock worth $10,360,000 after purchasing an additional 20,528 shares during the period. Finally, Sei Investments Co. increased its holdings in iShares MSCI EAFE ETF by 6.1% in the 2nd quarter. Sei Investments Co. now owns 75,960 shares of the exchange traded fund’s stock worth $6,790,000 after acquiring an additional 4,348 shares during the last quarter. 79.80% of the stock is currently owned by institutional investors.

iShares MSCI EAFE ETF Stock Performance

Shares of EFA opened at $104.31 on Wednesday. The business has a 50-day moving average of $103.02 and a 200 day moving average of $100.30. 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 cap of $76.98 billion, a P/E ratio of 16.48 and a beta of 0.78.

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. 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.