EverSource Wealth Advisors LLC Sells 7,956 Shares of iShares MSCI EAFE ETF $EFA

EverSource Wealth Advisors LLC cut its position in shares of iShares MSCI EAFE ETF (NYSEARCA:EFA) by 5.2% in the 1st quarter, HoldingsChannel reports. The institutional investor owned 145,421 shares of the exchange traded fund’s stock after selling 7,956 shares during the quarter. EverSource Wealth Advisors LLC’s holdings in iShares MSCI EAFE ETF were worth $14,125,000 at the end of the most recent quarter.

A number of other hedge funds have also bought and sold shares of EFA. Readystate Asset Management LP acquired a new stake in iShares MSCI EAFE ETF during the 1st quarter worth about $225,000. Richwood Investment Advisors LLC lifted its stake in shares of iShares MSCI EAFE ETF by 2.3% in the 1st quarter. Richwood Investment Advisors LLC now owns 37,893 shares of the exchange traded fund’s stock valued at $3,681,000 after purchasing an additional 855 shares during the period. The Manufacturers Life Insurance Company lifted its stake in shares of iShares MSCI EAFE ETF by 21.4% in the 1st quarter. The Manufacturers Life Insurance Company now owns 277,678 shares of the exchange traded fund’s stock valued at $26,971,000 after purchasing an additional 48,862 shares during the period. Mittelman Wealth Management bought a new stake in shares of iShares MSCI EAFE ETF during the 1st quarter valued at about $534,000. Finally, KCM Investment Advisors LLC boosted its position in shares of iShares MSCI EAFE ETF by 56.0% during the 1st quarter. KCM Investment Advisors LLC now owns 6,270 shares of the exchange traded fund’s stock valued at $609,000 after purchasing an additional 2,250 shares in the last quarter. Institutional investors own 79.80% of the company’s stock.

iShares MSCI EAFE ETF Price Performance

NYSEARCA EFA opened at $103.89 on Wednesday. The business has a 50 day simple moving average of $103.87 and a 200 day simple moving average of $101.92. iShares MSCI EAFE ETF has a one year low of $86.74 and a one year high of $105.94. The stock has a market capitalization of $76.80 billion, a P/E ratio of 16.48 and a beta of 0.78.

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.