Midwest Professional Planners LTD. Cuts Position in iShares MSCI EAFE ETF $EFA

Midwest Professional Planners LTD. trimmed its stake in iShares MSCI EAFE ETF (NYSEARCA:EFA) by 32.4% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 66,600 shares of the exchange traded fund’s stock after selling 31,993 shares during the period. iShares MSCI EAFE ETF accounts for 1.3% of Midwest Professional Planners LTD.’s portfolio, making the stock its 18th largest position. Midwest Professional Planners LTD.’s holdings in iShares MSCI EAFE ETF were worth $6,918,000 as of its most recent filing with the Securities and Exchange Commission.

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

iShares MSCI EAFE ETF Stock Down 0.9%

Shares of iShares MSCI EAFE ETF stock opened at $106.49 on Wednesday. The firm’s 50 day moving average price is $105.60 and its 200-day moving average price is $103.13. iShares MSCI EAFE ETF has a 52-week low of $90.04 and a 52-week high of $108.89. The company has a market cap of $78.72 billion, a P/E ratio of 16.48 and a beta of 0.78.

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. 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.