Phillips Financial Management LLC Lowers Stake in iShares MSCI EAFE ETF (NYSEARCA:EFA)

Phillips Financial Management LLC decreased its holdings in iShares MSCI EAFE ETF (NYSEARCA:EFA) by 7.1% in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 72,808 shares of the exchange traded fund’s stock after selling 5,537 shares during the quarter. Phillips Financial Management LLC’s holdings in iShares MSCI EAFE ETF were worth $6,089,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of the business. Triad Wealth Partners LLC purchased a new position in shares of iShares MSCI EAFE ETF during the 2nd quarter valued at approximately $25,000. SYM FINANCIAL Corp acquired a new stake in shares of iShares MSCI EAFE ETF in the second quarter valued at about $26,000. Beach Investment Counsel Inc. PA purchased a new stake in shares of iShares MSCI EAFE ETF during the second quarter worth about $35,000. Fairscale Capital LLC acquired a new position in shares of iShares MSCI EAFE ETF during the 2nd quarter worth about $37,000. Finally, ORG Wealth Partners LLC purchased a new position in iShares MSCI EAFE ETF in the 3rd quarter valued at about $39,000. 79.80% of the stock is owned by institutional investors and hedge funds.

iShares MSCI EAFE ETF Trading Down 0.4 %

EFA stock opened at $77.13 on Monday. The business’s 50-day moving average is $81.03 and its 200 day moving average is $80.34. iShares MSCI EAFE ETF has a 12-month low of $70.64 and a 12-month high of $84.56.

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.