Endowment Wealth Management Inc. Reduces Position in iShares MSCI EAFE ETF $EFA

Endowment Wealth Management Inc. cut its position in iShares MSCI EAFE ETF (NYSEARCA:EFA) by 2.7% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 35,839 shares of the exchange traded fund’s stock after selling 994 shares during the period. iShares MSCI EAFE ETF accounts for 1.7% of Endowment Wealth Management Inc.’s investment portfolio, making the stock its 12th largest holding. Endowment Wealth Management Inc.’s holdings in iShares MSCI EAFE ETF were worth $3,204,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. Smallwood Wealth Investment Management LLC acquired a new position in shares of iShares MSCI EAFE ETF in the 1st quarter valued at $34,000. Fiduciary Wealth Partners LLC acquired a new position in shares of iShares MSCI EAFE ETF in the 1st quarter valued at $36,000. Elequin Capital LP boosted its holdings in shares of iShares MSCI EAFE ETF by 44.7% in the 1st quarter. Elequin Capital LP now owns 447 shares of the exchange traded fund’s stock valued at $37,000 after buying an additional 138 shares in the last quarter. von Borstel & Associates Inc. acquired a new position in shares of iShares MSCI EAFE ETF in the 1st quarter valued at $43,000. Finally, 3Chopt Investment Partners LLC acquired a new position in shares of iShares MSCI EAFE ETF in the 1st quarter valued at $52,000. 79.80% of the stock is owned by hedge funds and other institutional investors.

iShares MSCI EAFE ETF Trading Down 1.8%

Shares of iShares MSCI EAFE ETF stock opened at $92.24 on Monday. The company has a fifty day simple moving average of $92.27 and a 200-day simple moving average of $88.24. iShares MSCI EAFE ETF has a 12-month low of $72.14 and a 12-month high of $95.53. The stock has a market cap of $66.52 billion, a price-to-earnings ratio of 16.48 and a beta of 0.86.

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.