iShares MSCI EAFE ETF $EFA Shares Sold by Summit Investment Advisors Inc.

Summit Investment Advisors Inc. reduced its holdings in iShares MSCI EAFE ETF (NYSEARCA:EFA) by 12.0% during the 1st quarter, Holdings Channel reports. The firm owned 6,418 shares of the exchange traded fund’s stock after selling 875 shares during the quarter. Summit Investment Advisors Inc.’s holdings in iShares MSCI EAFE ETF were worth $525,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the business. MKD Wealth Coaches LLC lifted its holdings in iShares MSCI EAFE ETF by 1.7% during the second quarter. MKD Wealth Coaches LLC now owns 6,626 shares of the exchange traded fund’s stock valued at $592,000 after purchasing an additional 113 shares in the last quarter. Manhattan West Asset Management LLC raised its holdings in shares of iShares MSCI EAFE ETF by 1.0% during the first quarter. Manhattan West Asset Management LLC now owns 12,560 shares of the exchange traded fund’s stock valued at $1,027,000 after acquiring an additional 119 shares during the last quarter. Wolff Financial Management LLC lifted its position in shares of iShares MSCI EAFE ETF by 0.8% in the second quarter. Wolff Financial Management LLC now owns 15,971 shares of the exchange traded fund’s stock valued at $1,428,000 after acquiring an additional 119 shares in the last quarter. Genesee Capital Advisors LLC boosted its stake in shares of iShares MSCI EAFE ETF by 1.4% in the second quarter. Genesee Capital Advisors LLC now owns 8,657 shares of the exchange traded fund’s stock worth $774,000 after acquiring an additional 120 shares during the last quarter. Finally, Alpine Bank Wealth Management increased its position in shares of iShares MSCI EAFE ETF by 0.7% during the second quarter. Alpine Bank Wealth Management now owns 18,723 shares of the exchange traded fund’s stock worth $1,674,000 after purchasing an additional 129 shares in the last quarter. Hedge funds and other institutional investors own 79.80% of the company’s stock.

iShares MSCI EAFE ETF Stock Performance

NYSEARCA EFA opened at $95.53 on Friday. The business has a fifty day moving average price of $93.98 and a 200 day moving average price of $90.69. The company has a market cap of $68.90 billion, a P/E ratio of 16.48 and a beta of 0.84. iShares MSCI EAFE ETF has a one year low of $72.14 and a one year high of $96.69.

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.