iShares MSCI EAFE ETF $EFA is Precedent Wealth Partners LLC’s 7th Largest Position

Precedent Wealth Partners LLC lowered its position in shares of iShares MSCI EAFE ETF (NYSEARCA:EFA) by 0.5% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 119,201 shares of the exchange traded fund’s stock after selling 656 shares during the quarter. iShares MSCI EAFE ETF comprises approximately 2.6% of Precedent Wealth Partners LLC’s portfolio, making the stock its 7th biggest position. Precedent Wealth Partners LLC’s holdings in iShares MSCI EAFE ETF were worth $10,655,000 at the end of the most recent quarter.

Other large investors have also recently modified their holdings of the company. Smallwood Wealth Investment Management LLC purchased a new position in shares of iShares MSCI EAFE ETF in the 1st quarter worth about $34,000. Fiduciary Wealth Partners LLC purchased a new position in shares of iShares MSCI EAFE ETF in the 1st quarter worth about $36,000. Elequin Capital LP raised its position in shares of iShares MSCI EAFE ETF by 44.7% in the 1st quarter. Elequin Capital LP now owns 447 shares of the exchange traded fund’s stock worth $37,000 after purchasing an additional 138 shares during the last quarter. von Borstel & Associates Inc. purchased a new position in shares of iShares MSCI EAFE ETF in the 1st quarter worth about $43,000. Finally, 3Chopt Investment Partners LLC purchased a new position in shares of iShares MSCI EAFE ETF in the 1st quarter worth about $52,000. Hedge funds and other institutional investors own 79.80% of the company’s stock.

iShares MSCI EAFE ETF Price Performance

EFA opened at $95.08 on Friday. The stock has a 50-day moving average price of $91.69 and a 200-day moving average price of $87.82. The firm has a market cap of $68.57 billion, a PE ratio of 16.48 and a beta of 0.86. iShares MSCI EAFE ETF has a 1 year low of $72.14 and a 1 year high of $95.27.

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.