Equitable Holdings Inc. Trims Stake in iShares MSCI EAFE ETF $EFA

Equitable Holdings Inc. trimmed its position in iShares MSCI EAFE ETF (NYSEARCA:EFA) by 21.8% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 346,402 shares of the exchange traded fund’s stock after selling 96,387 shares during the period. Equitable Holdings Inc.’s holdings in iShares MSCI EAFE ETF were worth $35,984,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently modified their holdings of EFA. Horizon Investments LLC increased its stake in iShares MSCI EAFE ETF by 2,520.0% during the 4th quarter. Horizon Investments LLC now owns 262 shares of the exchange traded fund’s stock valued at $25,000 after purchasing an additional 252 shares in the last quarter. Hilton Head Capital Partners LLC purchased a new position in iShares MSCI EAFE ETF in the 4th quarter worth approximately $26,000. Atlas Capital Advisors Inc. purchased a new position in iShares MSCI EAFE ETF in the 4th quarter worth approximately $29,000. Scarborough Advisors LLC bought a new position in shares of iShares MSCI EAFE ETF during the first quarter valued at $33,000. Finally, GeoWealth Management LLC purchased a new stake in shares of iShares MSCI EAFE ETF during the 4th quarter valued at about $37,000. Institutional investors own 79.80% of the company’s stock.

iShares MSCI EAFE ETF Price Performance

NYSEARCA EFA opened at $108.02 on Friday. iShares MSCI EAFE ETF has a 1-year low of $90.04 and a 1-year high of $108.89. The stock has a market capitalization of $79.85 billion, a price-to-earnings ratio of 16.48 and a beta of 0.78. The business’s fifty day moving average price is $105.39 and its 200-day moving average price is $103.07.

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.