McAdam LLC Cuts Stake in iShares MSCI EAFE ETF $EFA

McAdam LLC cut its position in shares of iShares MSCI EAFE ETF (NYSEARCA:EFA) by 32.9% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 33,979 shares of the exchange traded fund’s stock after selling 16,655 shares during the period. McAdam LLC’s holdings in iShares MSCI EAFE ETF were worth $2,777,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Goldman Sachs Group Inc. boosted its stake in iShares MSCI EAFE ETF by 20.2% during the first quarter. Goldman Sachs Group Inc. now owns 46,571,506 shares of the exchange traded fund’s stock valued at $3,806,289,000 after buying an additional 7,811,598 shares during the last quarter. TD Asset Management Inc boosted its stake in iShares MSCI EAFE ETF by 29.7% during the first quarter. TD Asset Management Inc now owns 8,517,440 shares of the exchange traded fund’s stock valued at $696,130,000 after buying an additional 1,949,126 shares during the last quarter. Mackenzie Financial Corp lifted its stake in shares of 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 purchasing an additional 5,806,736 shares during the last quarter. Sand Hill Global Advisors LLC lifted its stake in shares of iShares MSCI EAFE ETF by 3.5% in the 1st quarter. Sand Hill Global Advisors LLC now owns 2,825,948 shares of the exchange traded fund’s stock valued at $230,965,000 after purchasing an additional 96,306 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. lifted its stake in shares of iShares MSCI EAFE ETF by 2.0% in the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 2,343,426 shares of the exchange traded fund’s stock valued at $191,528,000 after purchasing an additional 46,879 shares during the last quarter. 79.80% of the stock is owned by institutional investors.

iShares MSCI EAFE ETF Price Performance

NYSEARCA:EFA opened at $92.73 on Wednesday. The firm has a market capitalization of $66.88 billion, a price-to-earnings ratio of 16.48 and a beta of 0.86. iShares MSCI EAFE ETF has a 1 year low of $72.14 and a 1 year high of $93.38. The business has a 50 day simple moving average of $90.29 and a 200-day simple moving average of $86.56.

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.