USA Financial Formulas Sells 975,783 Shares of iShares MSCI EAFE ETF (NYSEARCA:EFA)

USA Financial Formulas trimmed its holdings in shares of iShares MSCI EAFE ETF (NYSEARCA:EFA) by 99.8% during the fourth quarter, Holdings Channel.com reports. The fund owned 2,096 shares of the exchange traded fund’s stock after selling 975,783 shares during the quarter. USA Financial Formulas’ holdings in iShares MSCI EAFE ETF were worth $158,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also bought and sold shares of EFA. Fairscale Capital LLC acquired a new stake in shares of iShares MSCI EAFE ETF during the 2nd quarter worth $37,000. ORG Wealth Partners LLC acquired a new stake in shares of iShares MSCI EAFE ETF in the 3rd quarter valued at $39,000. Kennebec Savings Bank bought a new position in iShares MSCI EAFE ETF in the third quarter valued at about $49,000. Financial Management Professionals Inc. increased its position in iShares MSCI EAFE ETF by 2,734.8% during the 3rd quarter. Financial Management Professionals Inc. now owns 652 shares of the exchange traded fund’s stock worth $54,000 after purchasing an additional 629 shares in the last quarter. Finally, Armstrong Advisory Group Inc. lifted its stake in shares of iShares MSCI EAFE ETF by 3,070.4% in the 4th quarter. Armstrong Advisory Group Inc. now owns 856 shares of the exchange traded fund’s stock valued at $65,000 after acquiring an additional 829 shares during the last quarter. Institutional investors and hedge funds own 79.80% of the company’s stock.

iShares MSCI EAFE ETF Trading Up 0.5 %

Shares of NYSEARCA EFA opened at $76.47 on Friday. iShares MSCI EAFE ETF has a 1 year low of $72.58 and a 1 year high of $84.56. The company has a 50 day simple moving average of $77.34 and a 200 day simple moving average of $79.49.

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.