JPMorgan Chase & Co. Sells 763,070 Shares of iShares MSCI EAFE ETF $EFA

JPMorgan Chase & Co. trimmed its stake in iShares MSCI EAFE ETF (NYSEARCA:EFA) by 3.6% in the 3rd quarter, HoldingsChannel reports. The fund owned 20,476,335 shares of the exchange traded fund’s stock after selling 763,070 shares during the quarter. JPMorgan Chase & Co.’s holdings in iShares MSCI EAFE ETF were worth $1,911,876,000 as of its most recent SEC filing.

Other hedge funds have also recently made changes to their positions in the company. Pineridge Advisors LLC purchased a new position in iShares MSCI EAFE ETF in the second quarter valued at about $25,000. Addison Advisors LLC lifted its position in shares of iShares MSCI EAFE ETF by 56.6% during the second quarter. Addison Advisors LLC now owns 379 shares of the exchange traded fund’s stock valued at $34,000 after buying an additional 137 shares during the last quarter. MMA Asset Management LLC bought a new stake in shares of iShares MSCI EAFE ETF in the 3rd quarter valued at about $34,000. Pflug Koory LLC boosted its holdings in shares of iShares MSCI EAFE ETF by 65.9% in the 3rd quarter. Pflug Koory LLC now owns 375 shares of the exchange traded fund’s stock valued at $35,000 after buying an additional 149 shares in the last quarter. Finally, Versant Capital Management Inc purchased a new position in shares of iShares MSCI EAFE ETF in the 3rd quarter worth approximately $37,000. 79.80% of the stock is currently owned by hedge funds and other institutional investors.

iShares MSCI EAFE ETF Stock Up 0.1%

NYSEARCA:EFA opened at $104.24 on Tuesday. iShares MSCI EAFE ETF has a 52 week low of $72.14 and a 52 week high of $105.24. The firm has a 50 day moving average of $98.96 and a 200 day moving average of $95.24. The stock has a market capitalization of $76.93 billion, a price-to-earnings ratio of 16.48 and a beta of 0.84.

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. The Index includes stocks from Europe, Australasia and the Far East. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.