Financial Enhancement Group LLC Sells 6,211 Shares of iShares MSCI EAFE ETF (NYSEARCA:EFA)

Financial Enhancement Group LLC lowered its position in shares of iShares MSCI EAFE ETF (NYSEARCA:EFA) by 5.3% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 110,489 shares of the exchange traded fund’s stock after selling 6,211 shares during the period. iShares MSCI EAFE ETF accounts for about 1.4% of Financial Enhancement Group LLC’s holdings, making the stock its 27th biggest position. Financial Enhancement Group LLC’s holdings in iShares MSCI EAFE ETF were worth $9,097,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of EFA. Brighton Jones LLC raised its holdings in shares of iShares MSCI EAFE ETF by 5.3% in the 4th quarter. Brighton Jones LLC now owns 236,460 shares of the exchange traded fund’s stock valued at $17,879,000 after acquiring an additional 11,902 shares in the last quarter. Revolve Wealth Partners LLC bought a new position in shares of iShares MSCI EAFE ETF in the fourth quarter worth approximately $629,000. Rhumbline Advisers raised its stake in iShares MSCI EAFE ETF by 25.3% in the fourth quarter. Rhumbline Advisers now owns 80,064 shares of the exchange traded fund’s stock valued at $6,054,000 after purchasing an additional 16,167 shares in the last quarter. Y Intercept Hong Kong Ltd purchased a new stake in iShares MSCI EAFE ETF in the fourth quarter valued at approximately $1,618,000. Finally, BankPlus Trust Department bought a new stake in iShares MSCI EAFE ETF during the fourth quarter valued at approximately $283,000. Institutional investors own 79.80% of the company’s stock.

iShares MSCI EAFE ETF Price Performance

EFA stock opened at $88.04 on Wednesday. The firm has a 50 day simple moving average of $86.69 and a two-hundred day simple moving average of $81.96. The stock has a market cap of $62.70 billion, a PE ratio of 16.48 and a beta of 0.83. iShares MSCI EAFE ETF has a one year low of $72.15 and a one year high of $90.51.

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.