Cetera Investment Advisers Cuts Holdings in iShares MSCI EAFE ETF $EFA

Cetera Investment Advisers decreased its holdings in iShares MSCI EAFE ETF (NYSEARCA:EFA) by 6.9% in the first quarter, HoldingsChannel.com reports. The institutional investor owned 1,752,066 shares of the exchange traded fund’s stock after selling 129,780 shares during the quarter. Cetera Investment Advisers’ holdings in iShares MSCI EAFE ETF were worth $170,178,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of EFA. Independent Wealth Network Inc. increased its holdings in shares of iShares MSCI EAFE ETF by 0.9% in the 1st quarter. Independent Wealth Network Inc. now owns 11,480 shares of the exchange traded fund’s stock valued at $1,115,000 after acquiring an additional 99 shares during the period. Topsail Wealth Management LLC boosted its position in iShares MSCI EAFE ETF by 0.4% during the first quarter. Topsail Wealth Management LLC now owns 24,254 shares of the exchange traded fund’s stock valued at $2,356,000 after purchasing an additional 100 shares in the last quarter. Palisade Asset Management LLC boosted its position in iShares MSCI EAFE ETF by 0.3% during the fourth quarter. Palisade Asset Management LLC now owns 36,882 shares of the exchange traded fund’s stock valued at $3,542,000 after purchasing an additional 101 shares in the last quarter. Osborne Partners Capital Management LLC boosted its position in iShares MSCI EAFE ETF by 0.6% during the fourth quarter. Osborne Partners Capital Management LLC now owns 16,955 shares of the exchange traded fund’s stock valued at $1,628,000 after purchasing an additional 104 shares in the last quarter. Finally, Atalanta Sosnoff Capital LLC grew its stake in iShares MSCI EAFE ETF by 2.2% in the fourth quarter. Atalanta Sosnoff Capital LLC now owns 4,961 shares of the exchange traded fund’s stock valued at $476,000 after purchasing an additional 105 shares during the last quarter. Hedge funds and other institutional investors own 79.80% of the company’s stock.

iShares MSCI EAFE ETF Stock Performance

Shares of iShares MSCI EAFE ETF stock opened at $104.25 on Thursday. The company has a market capitalization of $77.06 billion, a PE ratio of 16.48 and a beta of 0.78. The company has a 50-day simple moving average of $103.78 and a two-hundred day simple moving average of $101.76. iShares MSCI EAFE ETF has a one year low of $86.74 and a one year high of $105.94.

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. 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.