Silvercrest Asset Management Group LLC Has $12 Million Stock Holdings in iShares MSCI EAFE ETF (NYSEARCA:EFA)

Silvercrest Asset Management Group LLC cut its stake in shares of iShares MSCI EAFE ETF (NYSEARCA:EFA) by 6.3% during the fourth quarter, Holdings Channel reports. The firm owned 158,730 shares of the exchange traded fund’s stock after selling 10,754 shares during the quarter. Silvercrest Asset Management Group LLC’s holdings in iShares MSCI EAFE ETF were worth $12,002,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of EFA. AllSquare Wealth Management LLC raised its position in iShares MSCI EAFE ETF by 92.7% during the fourth quarter. AllSquare Wealth Management LLC now owns 395 shares of the exchange traded fund’s stock valued at $30,000 after buying an additional 190 shares during the period. Parkworth Wealth Management Inc. acquired a new position in iShares MSCI EAFE ETF during the fourth quarter valued at $32,000. Murphy & Mullick Capital Management Corp acquired a new position in iShares MSCI EAFE ETF during the fourth quarter valued at $36,000. Roxbury Financial LLC acquired a new position in iShares MSCI EAFE ETF during the fourth quarter valued at $43,000. Finally, Alexis Investment Partners LLC acquired a new position in iShares MSCI EAFE ETF during the fourth quarter valued at $45,000. 79.80% of the stock is owned by institutional investors and hedge funds.

iShares MSCI EAFE ETF Trading Up 0.2%

NYSEARCA:EFA opened at $87.24 on Friday. The firm has a market capitalization of $61.29 billion, a price-to-earnings ratio of 16.35 and a beta of 0.84. iShares MSCI EAFE ETF has a 1-year low of $72.15 and a 1-year high of $87.28. The business’s fifty day moving average price is $82.49 and its 200 day moving average price is $80.10.

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.