Flagship Wealth Advisors LLC Trims Position in iShares MSCI EAFE ETF $EFA

Flagship Wealth Advisors LLC decreased its stake in shares of iShares MSCI EAFE ETF (NYSEARCA:EFA) by 15.0% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 28,276 shares of the exchange traded fund’s stock after selling 4,973 shares during the quarter. iShares MSCI EAFE ETF makes up 1.0% of Flagship Wealth Advisors LLC’s portfolio, making the stock its 28th largest position. Flagship Wealth Advisors LLC’s holdings in iShares MSCI EAFE ETF were worth $2,528,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors also recently added to or reduced their stakes in the company. Northwestern Mutual Wealth Management Co. increased its position in shares of iShares MSCI EAFE ETF by 359.5% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 11,306,948 shares of the exchange traded fund’s stock worth $1,085,806,000 after acquiring an additional 8,846,240 shares during the period. Morgan Stanley boosted its holdings in shares of iShares MSCI EAFE ETF by 15.5% in the fourth quarter. Morgan Stanley now owns 31,617,599 shares of the exchange traded fund’s stock valued at $3,036,238,000 after purchasing an additional 4,244,605 shares during the period. Bank of America Corp DE grew its stake in iShares MSCI EAFE ETF by 9.5% in the fourth quarter. Bank of America Corp DE now owns 40,215,965 shares of the exchange traded fund’s stock worth $3,861,939,000 after purchasing an additional 3,481,849 shares in the last quarter. Fifth Third Bancorp grew its stake in iShares MSCI EAFE ETF by 214.8% in the first quarter. Fifth Third Bancorp now owns 3,734,895 shares of the exchange traded fund’s stock worth $362,770,000 after purchasing an additional 2,548,421 shares in the last quarter. Finally, Valpey Financial Services LLC increased its holdings in iShares MSCI EAFE ETF by 9,468.5% during the 4th quarter. Valpey Financial Services LLC now owns 2,091,588 shares of the exchange traded fund’s stock worth $200,855,000 after purchasing an additional 2,069,729 shares during the period. 79.80% of the stock is owned by hedge funds and other institutional investors.

iShares MSCI EAFE ETF Stock Down 0.6%

Shares of NYSEARCA EFA opened at $105.58 on Friday. The business has a fifty day simple moving average of $103.93 and a two-hundred day simple moving average of $102.04. The firm has a market cap of $78.04 billion, a PE ratio of 16.48 and a beta of 0.78. iShares MSCI EAFE ETF has a twelve month low of $86.74 and a twelve month high of $106.32.

iShares MSCI EAFE ETF 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.