Modera Wealth Management LLC Sells 6,895 Shares of iShares MSCI EAFE ETF $EFA

Modera Wealth Management LLC reduced its stake in shares of iShares MSCI EAFE ETF (NYSEARCA:EFA) by 1.3% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 533,450 shares of the exchange traded fund’s stock after selling 6,895 shares during the quarter. Modera Wealth Management LLC’s holdings in iShares MSCI EAFE ETF were worth $51,814,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Northwestern Mutual Wealth Management Co. boosted its stake in iShares MSCI EAFE ETF by 359.5% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 11,306,948 shares of the exchange traded fund’s stock worth $1,085,806,000 after acquiring an additional 8,846,240 shares during the last quarter. Morgan Stanley increased its stake in iShares MSCI EAFE ETF by 15.5% in the fourth quarter. Morgan Stanley now owns 31,617,599 shares of the exchange traded fund’s stock valued at $3,036,238,000 after purchasing an additional 4,244,605 shares in the last quarter. Bank of America Corp DE increased its stake in iShares MSCI EAFE ETF by 9.5% in the fourth quarter. Bank of America Corp DE now owns 40,215,965 shares of the exchange traded fund’s stock valued at $3,861,939,000 after purchasing an additional 3,481,849 shares in the last quarter. Fifth Third Bancorp raised its holdings in iShares MSCI EAFE ETF by 214.8% in the first quarter. Fifth Third Bancorp now owns 3,734,895 shares of the exchange traded fund’s stock worth $362,770,000 after purchasing an additional 2,548,421 shares during the period. Finally, Valpey Financial Services LLC raised its holdings in iShares MSCI EAFE ETF by 9,468.5% in the fourth quarter. Valpey Financial Services LLC now owns 2,091,588 shares of the exchange traded fund’s stock worth $200,855,000 after purchasing an additional 2,069,729 shares during the period. 79.80% of the stock is currently owned by institutional investors and hedge funds.

iShares MSCI EAFE ETF Stock Down 0.5%

Shares of NYSEARCA EFA opened at $103.33 on Friday. The company’s fifty day moving average is $103.78 and its 200-day moving average is $101.57. The stock has a market cap of $76.51 billion, a price-to-earnings ratio of 16.48 and a beta of 0.78. iShares MSCI EAFE ETF has a twelve month low of $86.74 and a twelve month high of $105.94.

iShares MSCI EAFE ETF Company 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. 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.