American Financial Advisors LLC Has $2.96 Million Position in iShares MSCI EAFE ETF (NYSEARCA:EFA)

American Financial Advisors LLC reduced its stake in iShares MSCI EAFE ETF (NYSEARCA:EFA) by 2.4% during the first quarter, HoldingsChannel reports. The firm owned 36,271 shares of the exchange traded fund’s stock after selling 892 shares during the quarter. American Financial Advisors LLC’s holdings in iShares MSCI EAFE ETF were worth $2,964,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in EFA. Brighton Jones LLC boosted its stake in shares of iShares MSCI EAFE ETF by 5.3% in the 4th quarter. Brighton Jones LLC now owns 236,460 shares of the exchange traded fund’s stock valued at $17,879,000 after purchasing an additional 11,902 shares in the last quarter. Revolve Wealth Partners LLC acquired a new stake in shares of iShares MSCI EAFE ETF in the 4th quarter valued at approximately $629,000. Proficio Capital Partners LLC acquired a new stake in shares of iShares MSCI EAFE ETF in the 4th quarter valued at approximately $972,000. Lepercq Multi Asset Fund acquired a new stake in shares of iShares MSCI EAFE ETF in the 4th quarter valued at approximately $35,234,000. Finally, Moors & Cabot Inc. boosted its stake in shares of iShares MSCI EAFE ETF by 3.6% in the 4th quarter. Moors & Cabot Inc. now owns 16,797 shares of the exchange traded fund’s stock valued at $1,270,000 after purchasing an additional 581 shares in the last quarter. 79.80% of the stock is currently owned by institutional investors and hedge funds.

iShares MSCI EAFE ETF Trading Down 1.0%

EFA opened at $88.95 on Friday. The company’s 50 day moving average is $88.25 and its 200-day moving average is $82.97. The company has a market cap of $64.15 billion, a P/E ratio of 16.48 and a beta of 0.86. iShares MSCI EAFE ETF has a 1-year low of $72.15 and a 1-year high of $90.51.

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.