USA Financial Formulas Has $129,000 Stake in iShares MSCI EAFE ETF $EFA

USA Financial Formulas trimmed its position in shares of iShares MSCI EAFE ETF (NYSEARCA:EFA) by 99.8% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,332 shares of the exchange traded fund’s stock after selling 669,116 shares during the period. USA Financial Formulas’ holdings in iShares MSCI EAFE ETF were worth $129,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in EFA. Independent Wealth Network Inc. boosted its stake in iShares MSCI EAFE ETF by 0.9% during the 1st quarter. Independent Wealth Network Inc. now owns 11,480 shares of the exchange traded fund’s stock valued at $1,115,000 after purchasing an additional 99 shares during the period. Topsail Wealth Management LLC increased its position in iShares MSCI EAFE ETF by 0.4% in the 1st quarter. Topsail Wealth Management LLC now owns 24,254 shares of the exchange traded fund’s stock worth $2,356,000 after buying an additional 100 shares during the period. Palisade Asset Management LLC increased its position in iShares MSCI EAFE ETF by 0.3% in the 4th quarter. Palisade Asset Management LLC now owns 36,882 shares of the exchange traded fund’s stock worth $3,542,000 after buying an additional 101 shares during the period. Financial Insights Inc. increased its position in iShares MSCI EAFE ETF by 2.5% in the 1st quarter. Financial Insights Inc. now owns 4,158 shares of the exchange traded fund’s stock worth $404,000 after buying an additional 103 shares during the period. Finally, Osborne Partners Capital Management LLC lifted its holdings in shares of iShares MSCI EAFE ETF by 0.6% during the fourth quarter. Osborne Partners Capital Management LLC now owns 16,955 shares of the exchange traded fund’s stock worth $1,628,000 after buying an additional 104 shares during the last quarter. 79.80% of the stock is owned by institutional investors and hedge funds.

iShares MSCI EAFE ETF Stock Performance

EFA opened at $108.64 on Monday. The business has a 50 day moving average of $104.62 and a 200-day moving average of $102.66. The stock has a market capitalization of $80.31 billion, a price-to-earnings ratio of 16.48 and a beta of 0.78. iShares MSCI EAFE ETF has a 1-year low of $90.04 and a 1-year high of $108.89.

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.