Miller Investment Management LP Sells 101,978 Shares of iShares MSCI EAFE ETF $EFA

Miller Investment Management LP reduced its holdings in iShares MSCI EAFE ETF (NYSEARCA:EFA) by 12.5% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 715,962 shares of the exchange traded fund’s stock after selling 101,978 shares during the quarter. iShares MSCI EAFE ETF makes up approximately 6.7% of Miller Investment Management LP’s holdings, making the stock its 6th largest holding. Miller Investment Management LP owned about 0.10% of iShares MSCI EAFE ETF worth $68,754,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also modified their holdings of the company. Horizon Investments LLC lifted its holdings in iShares MSCI EAFE ETF by 2,520.0% during the 4th quarter. Horizon Investments LLC now owns 262 shares of the exchange traded fund’s stock worth $25,000 after buying an additional 252 shares in the last quarter. Hilton Head Capital Partners LLC acquired a new position in iShares MSCI EAFE ETF during the 4th quarter worth $26,000. GoalVest Advisory LLC lifted its holdings in iShares MSCI EAFE ETF by 106.4% during the 4th quarter. GoalVest Advisory LLC now owns 388 shares of the exchange traded fund’s stock worth $37,000 after buying an additional 200 shares in the last quarter. Nemes Rush Group LLC acquired a new position in iShares MSCI EAFE ETF during the 4th quarter worth $40,000. Finally, Toth Financial Advisory Corp acquired a new position in iShares MSCI EAFE ETF during the 4th quarter worth $41,000. 79.80% of the stock is owned by institutional investors and hedge funds.

iShares MSCI EAFE ETF Stock Performance

NYSEARCA:EFA opened at $101.57 on Thursday. The stock’s fifty day moving average price is $102.49 and its two-hundred day moving average price is $99.99. iShares MSCI EAFE ETF has a 52-week low of $85.68 and a 52-week high of $105.94. The company has a market cap of $74.96 billion, a price-to-earnings ratio of 16.48 and a beta of 0.78.

iShares MSCI EAFE ETF 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.