iShares MSCI EAFE ETF $EFA Position Lowered by Foundation Wealth Management LLC PA

Foundation Wealth Management LLC PA reduced its stake in shares of iShares MSCI EAFE ETF (NYSEARCA:EFA) by 19.1% during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 73,579 shares of the exchange traded fund’s stock after selling 17,321 shares during the period. iShares MSCI EAFE ETF accounts for 2.6% of Foundation Wealth Management LLC PA’s investment portfolio, making the stock its 10th biggest holding. Foundation Wealth Management LLC PA’s holdings in iShares MSCI EAFE ETF were worth $7,644,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also modified their holdings of the stock. Fifth Third Bancorp increased its position in iShares MSCI EAFE ETF by 214.8% in the 1st 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 last quarter. New York University bought a new stake in shares of iShares MSCI EAFE ETF in the 3rd quarter valued at approximately $155,842,000. Bessemer Group Inc. grew its stake in shares of iShares MSCI EAFE ETF by 27.9% in the 1st quarter. Bessemer Group Inc. now owns 5,586,139 shares of the exchange traded fund’s stock valued at $542,581,000 after buying an additional 1,218,669 shares in the last quarter. Bank of Nova Scotia grew its stake in shares of iShares MSCI EAFE ETF by 161.4% in the 1st quarter. Bank of Nova Scotia now owns 1,618,956 shares of the exchange traded fund’s stock valued at $157,250,000 after buying an additional 999,705 shares in the last quarter. Finally, Renaissance Technologies LLC increased its holdings in iShares MSCI EAFE ETF by 19,033.3% in the first quarter. Renaissance Technologies LLC now owns 861,000 shares of the exchange traded fund’s stock worth $83,629,000 after buying an additional 856,500 shares during the last quarter. 79.80% of the stock is owned by institutional investors and hedge funds.

iShares MSCI EAFE ETF Trading Up 0.4%

iShares MSCI EAFE ETF stock opened at $103.47 on Wednesday. The company has a market capitalization of $76.80 billion, a P/E ratio of 16.48 and a beta of 0.78. The firm’s fifty day simple moving average is $106.33 and its 200-day simple moving average is $104.10. iShares MSCI EAFE ETF has a 1-year low of $91.21 and a 1-year high of $108.89.

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.