Phillips Financial Management LLC Has $4.81 Million Stake in iShares MSCI EAFE ETF (NYSEARCA:EFA)

Phillips Financial Management LLC lowered its position in shares of iShares MSCI EAFE ETF (NYSEARCA:EFA) by 12.7% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 63,554 shares of the exchange traded fund’s stock after selling 9,254 shares during the period. Phillips Financial Management LLC’s holdings in iShares MSCI EAFE ETF were worth $4,805,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also added to or reduced their stakes in the company. Parkworth Wealth Management Inc. acquired a new stake in shares of iShares MSCI EAFE ETF during the fourth quarter worth $32,000. Roxbury Financial LLC acquired a new stake in iShares MSCI EAFE ETF in the 4th quarter worth about $43,000. Kentucky Trust Co bought a new stake in iShares MSCI EAFE ETF in the 4th quarter valued at about $45,000. SYM FINANCIAL Corp grew its position in shares of iShares MSCI EAFE ETF by 81.7% during the 4th quarter. SYM FINANCIAL Corp now owns 607 shares of the exchange traded fund’s stock worth $46,000 after purchasing an additional 273 shares in the last quarter. Finally, POM Investment Strategies LLC increased its holdings in shares of iShares MSCI EAFE ETF by 186.5% during the fourth quarter. POM Investment Strategies LLC now owns 639 shares of the exchange traded fund’s stock worth $48,000 after purchasing an additional 416 shares during the period. 79.80% of the stock is owned by institutional investors and hedge funds.

iShares MSCI EAFE ETF Trading Up 0.7 %

Shares of EFA stock opened at $82.75 on Thursday. The stock has a 50 day simple moving average of $79.70 and a 200 day simple moving average of $79.85. iShares MSCI EAFE ETF has a 1 year low of $73.91 and a 1 year high of $84.57. The stock has a market cap of $58.14 billion, a P/E ratio of 17.57 and a beta of 0.87.

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.