Archford Capital Strategies LLC Sells 588 Shares of iShares MSCI EAFE ETF (NYSEARCA:EFA)

Archford Capital Strategies LLC trimmed its stake in iShares MSCI EAFE ETF (NYSEARCA:EFA) by 14.6% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 3,440 shares of the exchange traded fund’s stock after selling 588 shares during the quarter. Archford Capital Strategies LLC’s holdings in iShares MSCI EAFE ETF were worth $281,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of the company. Noble Wealth Management PBC bought a new position in iShares MSCI EAFE ETF in the 4th quarter valued at approximately $1,353,000. Rhumbline Advisers lifted its holdings in shares of iShares MSCI EAFE ETF by 28.2% during the first quarter. Rhumbline Advisers now owns 102,645 shares of the exchange traded fund’s stock valued at $8,389,000 after purchasing an additional 22,581 shares in the last quarter. Leigh Baldwin & CO. LLC bought a new position in shares of iShares MSCI EAFE ETF during the fourth quarter valued at $56,650,000. Investor s Fiduciary Advisor Network LLC bought a new position in shares of iShares MSCI EAFE ETF during the fourth quarter valued at $282,000. Finally, Proficio Capital Partners LLC bought a new position in shares of iShares MSCI EAFE ETF during the fourth quarter valued at $972,000. Institutional investors own 79.80% of the company’s stock.

iShares MSCI EAFE ETF Price Performance

Shares of NYSEARCA:EFA opened at $87.56 on Thursday. The company has a market cap of $62.36 billion, a P/E ratio of 16.48 and a beta of 0.83. The stock’s fifty day moving average price is $86.83 and its 200-day moving average price is $82.00. iShares MSCI EAFE ETF has a 1 year low of $72.15 and a 1 year high of $90.51.

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.