Founders Grove Wealth Partners LLC Reduces Holdings in iShares MSCI EAFE ETF $EFA

Founders Grove Wealth Partners LLC lowered its position in shares of iShares MSCI EAFE ETF (NYSEARCA:EFA) by 11.5% during the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 49,160 shares of the exchange traded fund’s stock after selling 6,417 shares during the period. iShares MSCI EAFE ETF comprises about 1.1% of Founders Grove Wealth Partners LLC’s holdings, making the stock its 28th largest position. Founders Grove Wealth Partners LLC’s holdings in iShares MSCI EAFE ETF were worth $4,590,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in EFA. Pineridge Advisors LLC purchased a new stake in iShares MSCI EAFE ETF in the second quarter valued at approximately $25,000. Addison Advisors LLC increased its holdings in shares of 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 valued at $34,000 after acquiring an additional 137 shares during the period. Angeles Investment Advisors LLC acquired a new position in shares of iShares MSCI EAFE ETF in the 2nd quarter valued at $39,000. WFA of San Diego LLC purchased a new stake in iShares MSCI EAFE ETF in the 2nd quarter valued at $48,000. Finally, Twin Peaks Wealth Advisors LLC acquired a new stake in iShares MSCI EAFE ETF during the 2nd quarter worth $49,000. 79.80% of the stock is owned by hedge funds and other institutional investors.

iShares MSCI EAFE ETF Trading Up 0.2%

iShares MSCI EAFE ETF stock opened at $96.57 on Friday. The stock has a 50 day moving average of $94.99 and a two-hundred day moving average of $92.35. iShares MSCI EAFE ETF has a twelve month low of $72.14 and a twelve month high of $97.42. The stock has a market capitalization of $69.65 billion, a price-to-earnings 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.