Sterling Capital Management LLC Trims Position in iShares MSCI EAFE ETF (NYSEARCA:EFA)

Sterling Capital Management LLC lowered its holdings in iShares MSCI EAFE ETF (NYSEARCA:EFA) by 54.3% in the fourth quarter, Holdings Channel.com reports. The firm owned 34,076 shares of the exchange traded fund’s stock after selling 40,513 shares during the period. Sterling Capital Management LLC’s holdings in iShares MSCI EAFE ETF were worth $2,576,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in EFA. Guidance Point Advisors LLC raised its holdings in shares of iShares MSCI EAFE ETF by 1.4% in the fourth quarter. Guidance Point Advisors LLC now owns 9,354 shares of the exchange traded fund’s stock valued at $707,000 after buying an additional 126 shares during the last quarter. Armor Investment Advisors LLC increased its position in iShares MSCI EAFE ETF by 4.7% in the 4th quarter. Armor Investment Advisors LLC now owns 2,856 shares of the exchange traded fund’s stock valued at $216,000 after acquiring an additional 127 shares in the last quarter. Landmark Wealth Management LLC raised its stake in shares of iShares MSCI EAFE ETF by 2.3% in the fourth quarter. Landmark Wealth Management LLC now owns 5,730 shares of the exchange traded fund’s stock worth $433,000 after acquiring an additional 130 shares during the last quarter. Blue Barn Wealth LLC lifted its position in shares of iShares MSCI EAFE ETF by 2.5% during the fourth quarter. Blue Barn Wealth LLC now owns 5,357 shares of the exchange traded fund’s stock worth $405,000 after purchasing an additional 132 shares in the last quarter. Finally, EFG Asset Management Americas Corp. grew its stake in shares of iShares MSCI EAFE ETF by 0.5% during the fourth quarter. EFG Asset Management Americas Corp. now owns 26,943 shares of the exchange traded fund’s stock valued at $2,037,000 after purchasing an additional 135 shares during the last quarter. 79.80% of the stock is currently owned by institutional investors and hedge funds.

iShares MSCI EAFE ETF Price Performance

Shares of iShares MSCI EAFE ETF stock opened at $78.97 on Monday. The firm has a 50 day simple moving average of $81.33 and a 200 day simple moving average of $79.64. iShares MSCI EAFE ETF has a fifty-two week low of $72.15 and a fifty-two week high of $85.19. The firm has a market cap of $55.48 billion, a P/E ratio of 16.88 and a beta of 0.81.

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.