Foster & Motley Inc. Lowers Stock Holdings in iShares MSCI EAFE ETF (NYSEARCA:EFA)

Foster & Motley Inc. trimmed its stake in iShares MSCI EAFE ETF (NYSEARCA:EFA) by 2.8% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 144,294 shares of the exchange traded fund’s stock after selling 4,118 shares during the period. iShares MSCI EAFE ETF comprises 0.7% of Foster & Motley Inc.’s holdings, making the stock its 27th biggest holding. Foster & Motley Inc.’s holdings in iShares MSCI EAFE ETF were worth $11,793,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently added to or reduced their stakes in EFA. Brighton Jones LLC lifted its position 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 worth $17,879,000 after purchasing an additional 11,902 shares during the period. Revolve Wealth Partners LLC purchased a new stake in shares of iShares MSCI EAFE ETF in the 4th quarter worth approximately $629,000. Lepercq Multi Asset Fund purchased a new stake in shares of iShares MSCI EAFE ETF in the 4th quarter worth approximately $35,234,000. Sei Investments Co. lifted its position in shares of iShares MSCI EAFE ETF by 0.9% in the 4th quarter. Sei Investments Co. now owns 72,733 shares of the exchange traded fund’s stock worth $5,499,000 after purchasing an additional 617 shares during the period. Finally, New Age Alpha Advisors LLC purchased a new stake in shares of iShares MSCI EAFE ETF in the 4th quarter worth approximately $665,000. 79.80% of the stock is owned by hedge funds and other institutional investors.

iShares MSCI EAFE ETF Stock Performance

Shares of EFA opened at $89.11 on Wednesday. The company has a 50 day moving average price of $88.90 and a 200-day moving average price of $84.14. iShares MSCI EAFE ETF has a fifty-two week low of $72.14 and a fifty-two week high of $91.57. The stock has a market capitalization of $64.27 billion, a PE ratio of 16.48 and a beta of 0.86.

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.