BNC Wealth Management LLC Reduces Stock Position in iShares MSCI EAFE ETF $EFA

BNC Wealth Management LLC cut its holdings in iShares MSCI EAFE ETF (NYSEARCA:EFA) by 87.5% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 2,746 shares of the exchange traded fund’s stock after selling 19,169 shares during the period. BNC Wealth Management LLC’s holdings in iShares MSCI EAFE ETF were worth $256,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in the stock. Pineridge Advisors LLC purchased a new stake in iShares MSCI EAFE ETF during the 2nd quarter worth about $25,000. Addison Advisors LLC increased its stake in iShares MSCI EAFE ETF by 56.6% in the 2nd quarter. Addison Advisors LLC now owns 379 shares of the exchange traded fund’s stock worth $34,000 after acquiring an additional 137 shares during the last quarter. Angeles Investment Advisors LLC purchased a new stake in shares of iShares MSCI EAFE ETF in the 2nd quarter valued at about $39,000. WFA of San Diego LLC purchased a new position in shares of iShares MSCI EAFE ETF during the second quarter worth about $48,000. Finally, Twin Peaks Wealth Advisors LLC bought a new position in shares of iShares MSCI EAFE ETF in the second quarter worth approximately $49,000. 79.80% of the stock is owned by institutional investors.

iShares MSCI EAFE ETF Stock Performance

NYSEARCA EFA opened at $95.46 on Friday. iShares MSCI EAFE ETF has a 52-week low of $72.14 and a 52-week high of $97.42. The company has a fifty day moving average of $94.74 and a 200-day moving average of $92.12. The company has a market capitalization of $68.85 billion, a P/E ratio of 16.48 and a beta of 0.84.

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.