World Equity Group Inc. Cuts Stock Position in iShares MSCI EAFE ETF (NYSEARCA:EFA)

by · The Cerbat Gem

World Equity Group Inc. trimmed its holdings in shares of iShares MSCI EAFE ETF (NYSEARCA:EFA – Free Report) by 25.0% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 7,027 shares of the exchange traded fund’s stock after selling 2,337 shares during the period. World Equity Group Inc.’s holdings in iShares MSCI EAFE ETF were worth $588,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. Diversify Advisory Services LLC bought a new position in iShares MSCI EAFE ETF in the 1st quarter worth $259,000. Larson Financial Group LLC raised its holdings in iShares MSCI EAFE ETF by 10.8% during the first quarter. Larson Financial Group LLC now owns 78,807 shares of the exchange traded fund’s stock valued at $6,294,000 after acquiring an additional 7,706 shares during the period. TFB Advisors LLC bought a new stake in iShares MSCI EAFE ETF during the first quarter valued at about $243,000. Csenge Advisory Group raised its holdings in iShares MSCI EAFE ETF by 5.8% during the first quarter. Csenge Advisory Group now owns 55,190 shares of the exchange traded fund’s stock valued at $4,407,000 after acquiring an additional 3,022 shares during the period. Finally, Paulson Wealth Management Inc. raised its holdings in iShares MSCI EAFE ETF by 6.5% during the first quarter. Paulson Wealth Management Inc. now owns 442,301 shares of the exchange traded fund’s stock valued at $35,322,000 after acquiring an additional 27,056 shares during the period. 79.80% of the stock is currently owned by hedge funds and other institutional investors.

iShares MSCI EAFE ETF Price Performance

NYSEARCA:EFA traded up $0.54 on Monday, reaching $79.92. 1,467,288 shares of the company’s stock traded hands, compared to its average volume of 12,745,838. The stock has a 50-day simple moving average of $81.71 and a 200-day simple moving average of $80.24. iShares MSCI EAFE ETF has a 12 month low of $68.26 and a 12 month high of $84.56.

About iShares MSCI EAFE ETF

(Free Report)

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.

Further Reading

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