Financial & Tax Architects LLC Sells 6,421 Shares of iShares MSCI EAFE ETF $EFA

Financial & Tax Architects LLC lowered its position in iShares MSCI EAFE ETF (NYSEARCA:EFA) by 3.0% in the first quarter, HoldingsChannel reports. The firm owned 210,197 shares of the exchange traded fund’s stock after selling 6,421 shares during the period. iShares MSCI EAFE ETF makes up about 4.6% of Financial & Tax Architects LLC’s portfolio, making the stock its 3rd biggest holding. Financial & Tax Architects LLC’s holdings in iShares MSCI EAFE ETF were worth $20,416,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Horizon Investments LLC grew its holdings in shares of 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 purchasing an additional 252 shares during the period. Hilton Head Capital Partners LLC acquired a new stake in shares of iShares MSCI EAFE ETF during the 4th quarter worth about $26,000. Atlas Capital Advisors Inc. purchased a new stake in iShares MSCI EAFE ETF in the 4th quarter valued at about $29,000. GoalVest Advisory LLC raised its holdings in iShares MSCI EAFE ETF by 106.4% in the 4th quarter. GoalVest Advisory LLC now owns 388 shares of the exchange traded fund’s stock valued at $37,000 after buying an additional 200 shares during the period. Finally, GeoWealth Management LLC acquired a new position in iShares MSCI EAFE ETF in the fourth quarter valued at about $37,000. 79.80% of the stock is currently owned by institutional investors and hedge funds.

iShares MSCI EAFE ETF Price Performance

Shares of EFA stock opened at $103.88 on Wednesday. The firm has a market cap of $76.66 billion, a PE ratio of 16.48 and a beta of 0.78. The company has a 50-day moving average of $103.31 and a two-hundred day moving average of $100.87. iShares MSCI EAFE ETF has a 1-year low of $86.74 and a 1-year high of $105.94.

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.