Capital International Investors Sells 1,536,916 Shares of iShares MSCI EAFE ETF (NYSEARCA:EFA)

Capital International Investors reduced its stake in iShares MSCI EAFE ETF (NYSEARCA:EFA) by 80.4% in the 1st quarter, HoldingsChannel reports. The institutional investor owned 374,246 shares of the exchange traded fund’s stock after selling 1,536,916 shares during the quarter. Capital International Investors’ holdings in iShares MSCI EAFE ETF were worth $29,887,000 at the end of the most recent reporting period.

Several other institutional investors have also made changes to their positions in EFA. Wellington Wealth Strategies LLC. bought a new stake in iShares MSCI EAFE ETF during the first quarter worth $1,151,000. CreativeOne Wealth LLC increased its holdings in shares of iShares MSCI EAFE ETF by 2.2% during the first quarter. CreativeOne Wealth LLC now owns 51,077 shares of the exchange traded fund’s stock worth $4,079,000 after buying an additional 1,076 shares in the last quarter. Crewe Advisors LLC increased its holdings in shares of iShares MSCI EAFE ETF by 1.0% during the first quarter. Crewe Advisors LLC now owns 64,688 shares of the exchange traded fund’s stock worth $5,166,000 after buying an additional 661 shares in the last quarter. Evermay Wealth Management LLC increased its holdings in shares of iShares MSCI EAFE ETF by 2,707.0% during the first quarter. Evermay Wealth Management LLC now owns 62,259 shares of the exchange traded fund’s stock worth $4,972,000 after buying an additional 60,041 shares in the last quarter. Finally, Natixis acquired a new position in shares of iShares MSCI EAFE ETF during the first quarter worth $237,000. 79.80% of the stock is currently owned by institutional investors.

iShares MSCI EAFE ETF Stock Performance

NYSEARCA EFA traded up $1.00 on Friday, reaching $79.41. The company had a trading volume of 10,115,702 shares, compared to its average volume of 13,821,847. iShares MSCI EAFE ETF has a fifty-two week low of $65.68 and a fifty-two week high of $82.16. The business has a 50 day moving average of $79.90 and a two-hundred day moving average of $78.28.

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.