iShares MSCI EAFE ETF $EFA Shares Sold by Cibc World Market Inc.

Cibc World Market Inc. trimmed its position in iShares MSCI EAFE ETF (NYSEARCA:EFA) by 6.4% in the fourth quarter, HoldingsChannel.com reports. The firm owned 518,990 shares of the exchange traded fund’s stock after selling 35,442 shares during the quarter. Cibc World Market Inc.’s holdings in iShares MSCI EAFE ETF were worth $49,839,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Greenspring Advisors LLC bought a new position in shares of iShares MSCI EAFE ETF during the 4th quarter valued at about $951,000. Archvest Wealth Advisors Inc. lifted its stake in iShares MSCI EAFE ETF by 116.9% during the fourth quarter. Archvest Wealth Advisors Inc. now owns 23,026 shares of the exchange traded fund’s stock valued at $2,211,000 after purchasing an additional 12,412 shares during the last quarter. Private Wealth Asset Management LLC lifted its stake in iShares MSCI EAFE ETF by 2.5% during the fourth quarter. Private Wealth Asset Management LLC now owns 112,429 shares of the exchange traded fund’s stock valued at $10,797,000 after purchasing an additional 2,743 shares during the last quarter. WCG Wealth Advisors LLC bought a new stake in iShares MSCI EAFE ETF during the fourth quarter worth approximately $2,478,000. Finally, Calton & Associates Inc. bought a new stake in iShares MSCI EAFE ETF during the fourth quarter worth approximately $423,000. 79.80% of the stock is owned by institutional investors.

iShares MSCI EAFE ETF Stock Performance

iShares MSCI EAFE ETF stock opened at $104.95 on Friday. The firm has a market cap of $77.45 billion, a price-to-earnings ratio of 16.48 and a beta of 0.78. iShares MSCI EAFE ETF has a 1 year low of $85.68 and a 1 year high of $105.94. The firm’s 50 day moving average price is $101.88 and its two-hundred day moving average price is $99.72.

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. The Index includes stocks from Europe, Australasia and the Far East. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.