Park Avenue Securities LLC Sells 63,415 Shares of iShares MSCI EAFE ETF $EFA

Park Avenue Securities LLC lessened its holdings in iShares MSCI EAFE ETF (NYSEARCA:EFA) by 34.2% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 122,223 shares of the exchange traded fund’s stock after selling 63,415 shares during the quarter. Park Avenue Securities LLC’s holdings in iShares MSCI EAFE ETF were worth $12,698,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently bought and sold shares of EFA. Scarborough Advisors LLC acquired a new stake in iShares MSCI EAFE ETF during the 1st quarter valued at approximately $33,000. Centrica Wealth Management LLC purchased a new stake in shares of iShares MSCI EAFE ETF in the 2nd quarter valued at $40,000. Arjuna Capital purchased a new stake in shares of iShares MSCI EAFE ETF in the 1st quarter valued at $42,000. Manning & Napier Advisors LLC purchased a new stake in shares of iShares MSCI EAFE ETF in the 1st quarter valued at $51,000. Finally, West Financial Advisors LLC acquired a new stake in shares of iShares MSCI EAFE ETF in the third quarter worth $57,000. Institutional investors and hedge funds own 79.80% of the company’s stock.

iShares MSCI EAFE ETF Price Performance

NYSEARCA:EFA opened at $103.59 on Wednesday. The firm has a market capitalization of $76.88 billion, a P/E ratio of 16.48 and a beta of 0.78. iShares MSCI EAFE ETF has a 1-year low of $91.21 and a 1-year high of $108.89. The company’s fifty day moving average price is $105.35 and its 200-day moving average price is $103.14.

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.