Forte Asset Management LLC Lowers Holdings in iShares MSCI EAFE ETF (NYSEARCA:EFA)

Forte Asset Management LLC decreased its holdings in shares of iShares MSCI EAFE ETF (NYSEARCA:EFA) by 11.5% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 14,280 shares of the exchange traded fund’s stock after selling 1,850 shares during the quarter. Forte Asset Management LLC’s holdings in iShares MSCI EAFE ETF were worth $1,167,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in EFA. JPMorgan Chase & Co. grew its holdings in shares of iShares MSCI EAFE ETF by 7.1% during the 4th quarter. JPMorgan Chase & Co. now owns 22,067,950 shares of the exchange traded fund’s stock worth $1,668,558,000 after purchasing an additional 1,463,799 shares during the period. Mackenzie Financial Corp raised its holdings in iShares MSCI EAFE ETF by 289.6% in the 4th quarter. Mackenzie Financial Corp now owns 7,811,793 shares of the exchange traded fund’s stock valued at $590,650,000 after buying an additional 5,806,736 shares during the period. AlTi Global Inc. lifted its position in iShares MSCI EAFE ETF by 6.3% in the fourth quarter. AlTi Global Inc. now owns 7,363,173 shares of the exchange traded fund’s stock valued at $556,777,000 after buying an additional 434,415 shares during the last quarter. Capital International Investors boosted its stake in iShares MSCI EAFE ETF by 401.3% during the fourth quarter. Capital International Investors now owns 4,483,982 shares of the exchange traded fund’s stock worth $339,034,000 after buying an additional 3,589,503 shares during the period. Finally, Natixis Advisors LLC increased its position in shares of iShares MSCI EAFE ETF by 124.5% during the fourth quarter. Natixis Advisors LLC now owns 3,370,059 shares of the exchange traded fund’s stock valued at $254,810,000 after acquiring an additional 1,868,602 shares during the last quarter. Hedge funds and other institutional investors own 79.80% of the company’s stock.

iShares MSCI EAFE ETF Stock Performance

Shares of EFA stock opened at $89.52 on Friday. The firm has a market cap of $64.56 billion, a P/E ratio of 16.48 and a beta of 0.86. The firm’s 50 day moving average price is $87.82 and its 200-day moving average price is $82.55. iShares MSCI EAFE ETF has a one year low of $72.15 and a one 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.