iShares MSCI EAFE ETF $EFA Stock Sold by Weaver Capital Management LLC

Weaver Capital Management LLC lessened its stake in shares of iShares MSCI EAFE ETF (NYSEARCA:EFA) by 32.4% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 57,750 shares of the exchange traded fund’s stock after selling 27,710 shares during the period. iShares MSCI EAFE ETF accounts for approximately 1.1% of Weaver Capital Management LLC’s investment portfolio, making the stock its 24th biggest position. Weaver Capital Management LLC’s holdings in iShares MSCI EAFE ETF were worth $6,000,000 at the end of the most recent reporting period.

Several other hedge funds have also recently modified their holdings of the stock. Scarborough Advisors LLC purchased a new position in iShares MSCI EAFE ETF in the 1st quarter valued at about $33,000. Centrica Wealth Management LLC purchased a new stake in iShares MSCI EAFE ETF during the 2nd quarter worth approximately $40,000. Arjuna Capital purchased a new stake in iShares MSCI EAFE ETF during the 1st quarter worth approximately $42,000. Manning & Napier Advisors LLC purchased a new stake in iShares MSCI EAFE ETF during the 1st quarter worth approximately $51,000. Finally, AG Campbell Advisory LLC purchased a new stake in iShares MSCI EAFE ETF during the 4th quarter worth approximately $53,000. Institutional investors and hedge funds own 79.80% of the company’s stock.

iShares MSCI EAFE ETF Price Performance

Shares of iShares MSCI EAFE ETF stock opened at $103.67 on Friday. The business has a 50 day simple moving average of $106.17 and a two-hundred day simple moving average of $104.23. iShares MSCI EAFE ETF has a 12 month low of $91.21 and a 12 month high of $108.89. The stock has a market capitalization of $76.94 billion, a P/E 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.