Traders Sell Shares of iShares MSCI EAFE ETF (EFA) on Strength (EFA)

Investors sold shares of iShares MSCI EAFE ETF (NYSEARCA:EFA) on strength during trading hours on Monday. $106.40 million flowed into the stock on the tick-up and $166.99 million flowed out of the stock on the tick-down, for a money net flow of $60.59 million out of the stock. Of all equities tracked, iShares MSCI EAFE ETF had the 12th highest net out-flow for the day. iShares MSCI EAFE ETF traded up $0.36 for the day and closed at $66.74

A number of hedge funds have recently modified their holdings of the stock. Cahaba Wealth Management Inc. boosted its stake in iShares MSCI EAFE ETF by 20.7% in the second quarter. Cahaba Wealth Management Inc. now owns 27,291 shares of the exchange traded fund’s stock valued at $1,857,000 after acquiring an additional 4,689 shares in the last quarter. Cornerstone Advisory LLP lifted its stake in shares of iShares MSCI EAFE ETF by 4.8% during the first quarter. Cornerstone Advisory LLP now owns 84,153 shares of the exchange traded fund’s stock worth $5,864,000 after buying an additional 3,824 shares during the period. Wealth Alliance Advisory Group LLC lifted its stake in shares of iShares MSCI EAFE ETF by 33.8% during the second quarter. Wealth Alliance Advisory Group LLC now owns 11,519 shares of the exchange traded fund’s stock worth $771,000 after buying an additional 2,908 shares during the period. Pinnacle Advisory Group Inc. lifted its stake in shares of iShares MSCI EAFE ETF by 63.7% during the second quarter. Pinnacle Advisory Group Inc. now owns 14,304 shares of the exchange traded fund’s stock worth $958,000 after buying an additional 5,567 shares during the period. Finally, North Star Investment Management Corp. acquired a new stake in shares of iShares MSCI EAFE ETF during the second quarter worth $3,137,000.

iShares MSCI EAFE ETF Company Profile (NYSEARCA:EFA)

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.

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