Morris Financial Concepts Inc. Trims Stock Holdings in iShares MSCI EAFE ETF (NYSEARCA:EFA)

Morris Financial Concepts Inc. trimmed its position in iShares MSCI EAFE ETF (NYSEARCA:EFA) by 3.8% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 19,898 shares of the exchange traded fund’s stock after selling 785 shares during the period. iShares MSCI EAFE ETF accounts for 0.8% of Morris Financial Concepts Inc.’s portfolio, making the stock its 23rd biggest position. Morris Financial Concepts Inc.’s holdings in iShares MSCI EAFE ETF were worth $1,589,000 at the end of the most recent quarter.

A number of other institutional investors have also recently modified their holdings of the stock. Northern Trust Corp grew its stake in shares of iShares MSCI EAFE ETF by 0.7% in the fourth quarter. Northern Trust Corp now owns 21,376,565 shares of the exchange traded fund’s stock worth $1,610,724,000 after acquiring an additional 153,460 shares during the last quarter. TD Asset Management Inc grew its stake in shares of iShares MSCI EAFE ETF by 62.3% in the fourth quarter. TD Asset Management Inc now owns 5,695,838 shares of the exchange traded fund’s stock worth $429,181,000 after acquiring an additional 2,186,324 shares during the last quarter. SG Americas Securities LLC grew its stake in shares of iShares MSCI EAFE ETF by 11.9% in the fourth quarter. SG Americas Securities LLC now owns 3,596,665 shares of the exchange traded fund’s stock worth $271,009,000 after acquiring an additional 382,848 shares during the last quarter. Truist Financial Corp lifted its holdings in shares of iShares MSCI EAFE ETF by 4.1% during the fourth quarter. Truist Financial Corp now owns 3,569,039 shares of the exchange traded fund’s stock valued at $268,927,000 after purchasing an additional 142,039 shares in the last quarter. Finally, Stairway Partners LLC lifted its holdings in shares of iShares MSCI EAFE ETF by 15.3% during the first quarter. Stairway Partners LLC now owns 2,865,292 shares of the exchange traded fund’s stock valued at $228,822,000 after purchasing an additional 380,555 shares in the last quarter. 79.80% of the stock is owned by hedge funds and other institutional investors.

iShares MSCI EAFE ETF Trading Up 0.2 %

Shares of NYSEARCA:EFA traded up $0.14 during midday trading on Monday, reaching $78.47. 19,838,320 shares of the company’s stock traded hands, compared to its average volume of 14,261,621. iShares MSCI EAFE ETF has a one year low of $65.68 and a one year high of $82.16. The stock has a 50 day moving average of $79.60 and a 200 day moving average of $77.60.

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.