Maryland State Retirement & Pension System Sells 27,559 Shares of iShares MSCI EAFE ETF $EFA

Maryland State Retirement & Pension System reduced its position in iShares MSCI EAFE ETF (NYSEARCA:EFA) by 26.9% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 74,874 shares of the exchange traded fund’s stock after selling 27,559 shares during the quarter. Maryland State Retirement & Pension System’s holdings in iShares MSCI EAFE ETF were worth $7,273,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of EFA. Clearbridge Investments LLC acquired a new position in shares of iShares MSCI EAFE ETF in the 4th quarter worth approximately $7,552,000. Gryphon Financial Partners LLC lifted its position in shares of iShares MSCI EAFE ETF by 18.4% during the 4th quarter. Gryphon Financial Partners LLC now owns 53,061 shares of the exchange traded fund’s stock worth $5,095,000 after buying an additional 8,251 shares during the period. Boston Common Asset Management LLC acquired a new stake in iShares MSCI EAFE ETF in the 4th quarter valued at $2,665,000. Avity Investment Management Inc. boosted its stake in iShares MSCI EAFE ETF by 62.1% in the 3rd quarter. Avity Investment Management Inc. now owns 112,803 shares of the exchange traded fund’s stock valued at $10,532,000 after buying an additional 43,212 shares in the last quarter. Finally, Strategic Investment Advisors MI boosted its stake in iShares MSCI EAFE ETF by 1,027.8% in the 3rd quarter. Strategic Investment Advisors MI now owns 175,693 shares of the exchange traded fund’s stock valued at $16,404,000 after buying an additional 160,115 shares in the last quarter. Institutional investors and hedge funds own 79.80% of the company’s stock.

iShares MSCI EAFE ETF Price Performance

Shares of NYSEARCA:EFA opened at $103.96 on Wednesday. The business’s fifty day moving average price is $103.77 and its two-hundred day moving average price is $101.45. iShares MSCI EAFE ETF has a fifty-two week low of $86.74 and a fifty-two week high of $105.94. The stock has a market capitalization of $76.97 billion, a price-to-earnings ratio of 16.48 and a beta of 0.78.

iShares MSCI EAFE ETF Company 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.