Highland Capital Management LLC Cuts Stock Position in iShares MSCI EAFE ETF (NYSEARCA:EFA)

Highland Capital Management LLC lessened its holdings in iShares MSCI EAFE ETF (NYSEARCA:EFA) by 14.1% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 11,168 shares of the exchange traded fund’s stock after selling 1,837 shares during the quarter. Highland Capital Management LLC’s holdings in iShares MSCI EAFE ETF were worth $842,000 at the end of the most recent reporting period.

A number of other institutional investors have also bought and sold shares of EFA. FLC Capital Advisors purchased a new position in shares of iShares MSCI EAFE ETF during the second quarter valued at about $202,000. Indiana Trust & Investment Management CO purchased a new position in shares of iShares MSCI EAFE ETF during the third quarter valued at about $1,404,000. Koss Olinger Consulting LLC grew its position in shares of iShares MSCI EAFE ETF by 12.7% during the third quarter. Koss Olinger Consulting LLC now owns 8,190 shares of the exchange traded fund’s stock valued at $564,000 after purchasing an additional 921 shares in the last quarter. ARQ Wealth Advisors LLC grew its position in shares of iShares MSCI EAFE ETF by 10.7% during the third quarter. ARQ Wealth Advisors LLC now owns 4,642 shares of the exchange traded fund’s stock valued at $320,000 after purchasing an additional 450 shares in the last quarter. Finally, New Republic Capital LLC purchased a new position in shares of iShares MSCI EAFE ETF during the second quarter valued at about $5,204,000. Hedge funds and other institutional investors own 79.80% of the company’s stock.

iShares MSCI EAFE ETF Stock Performance

Shares of iShares MSCI EAFE ETF stock opened at $80.04 on Thursday. iShares MSCI EAFE ETF has a twelve month low of $65.68 and a twelve month high of $80.06. The business has a 50-day moving average price of $76.75 and a 200-day moving average price of $73.14.

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.