Accredited Investors Inc. Has $58.25 Million Position in iShares MSCI EAFE ETF $EFA

Accredited Investors Inc. lowered its position in iShares MSCI EAFE ETF (NYSEARCA:EFA) by 2.4% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 606,562 shares of the exchange traded fund’s stock after selling 15,221 shares during the period. iShares MSCI EAFE ETF comprises 3.1% of Accredited Investors Inc.’s investment portfolio, making the stock its 11th biggest position. Accredited Investors Inc.’s holdings in iShares MSCI EAFE ETF were worth $58,248,000 at the end of the most recent quarter.

A number of other large investors have also recently added to or reduced their stakes in EFA. Brighton Jones LLC boosted its position in shares of iShares MSCI EAFE ETF by 5.3% in the fourth quarter. Brighton Jones LLC now owns 236,460 shares of the exchange traded fund’s stock valued at $17,879,000 after acquiring an additional 11,902 shares during the period. Revolve Wealth Partners LLC bought a new stake in shares of iShares MSCI EAFE ETF in the fourth quarter valued at approximately $629,000. First Trust Advisors LP boosted its position in shares of iShares MSCI EAFE ETF by 13.4% in the second quarter. First Trust Advisors LP now owns 3,190 shares of the exchange traded fund’s stock valued at $285,000 after acquiring an additional 377 shares during the period. NewEdge Advisors LLC boosted its position in shares of iShares MSCI EAFE ETF by 21.5% in the second quarter. NewEdge Advisors LLC now owns 115,897 shares of the exchange traded fund’s stock valued at $10,360,000 after acquiring an additional 20,528 shares during the period. Finally, Sei Investments Co. boosted its position in shares of iShares MSCI EAFE ETF by 6.1% in the second quarter. Sei Investments Co. now owns 75,960 shares of the exchange traded fund’s stock valued at $6,790,000 after acquiring an additional 4,348 shares during the period. Institutional investors own 79.80% of the company’s stock.

iShares MSCI EAFE ETF Trading Down 1.7%

EFA opened at $101.72 on Friday. iShares MSCI EAFE ETF has a 1-year low of $85.68 and a 1-year high of $105.94. The stock has a market capitalization of $75.07 billion, a price-to-earnings ratio of 16.48 and a beta of 0.78. The business has a 50 day moving average of $99.97 and a 200-day moving average of $98.79.

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. 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.