Sage Financial Management Group Inc. Lowers Stock Holdings in iShares MSCI EAFE ETF (NYSEARCA:EFA)

Sage Financial Management Group Inc. reduced its holdings in iShares MSCI EAFE ETF (NYSEARCA:EFA) by 0.3% in the 4th quarter, HoldingsChannel.com reports. The firm owned 95,956 shares of the exchange traded fund’s stock after selling 264 shares during the quarter. iShares MSCI EAFE ETF comprises approximately 2.7% of Sage Financial Management Group Inc.’s investment portfolio, making the stock its 13th biggest holding. Sage Financial Management Group Inc.’s holdings in iShares MSCI EAFE ETF were worth $7,255,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in the business. CIBC Asset Management Inc grew its stake in shares of iShares MSCI EAFE ETF by 6.1% during the 3rd quarter. CIBC Asset Management Inc now owns 2,872,661 shares of the exchange traded fund’s stock valued at $240,241,000 after buying an additional 164,652 shares during the period. Toronto Dominion Bank boosted its holdings in iShares MSCI EAFE ETF by 65.7% in the third quarter. Toronto Dominion Bank now owns 2,240,907 shares of the exchange traded fund’s stock valued at $187,407,000 after acquiring an additional 888,764 shares during the last quarter. Cerity Partners LLC grew its position in iShares MSCI EAFE ETF by 6.4% during the third quarter. Cerity Partners LLC now owns 1,480,164 shares of the exchange traded fund’s stock valued at $122,735,000 after acquiring an additional 88,868 shares during the period. Arvest Bank Trust Division purchased a new stake in iShares MSCI EAFE ETF during the third quarter valued at about $119,220,000. Finally, USA Financial Formulas increased its stake in iShares MSCI EAFE ETF by 35,177.0% during the third quarter. USA Financial Formulas now owns 977,879 shares of the exchange traded fund’s stock worth $81,780,000 after acquiring an additional 975,107 shares during the last quarter. 79.80% of the stock is currently owned by hedge funds and other institutional investors.

iShares MSCI EAFE ETF Stock Down 0.0 %

NYSEARCA EFA opened at $79.12 on Thursday. iShares MSCI EAFE ETF has a 1-year low of $73.91 and a 1-year high of $84.56. The business’s 50-day simple moving average is $77.34 and its 200-day simple moving average is $79.38.

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.