Highland Capital Management LLC Cuts Stake in iShares MSCI EAFE ETF (NYSEARCA:EFA)

Highland Capital Management LLC decreased its position in iShares MSCI EAFE ETF (NYSEARCA:EFA) by 4.9% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 10,411 shares of the exchange traded fund’s stock after selling 542 shares during the period. Highland Capital Management LLC’s holdings in iShares MSCI EAFE ETF were worth $871,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in the company. Triad Wealth Partners LLC purchased a new stake in iShares MSCI EAFE ETF in the 2nd quarter valued at approximately $25,000. SYM FINANCIAL Corp acquired a new position in iShares MSCI EAFE ETF during the second quarter worth $26,000. CarsonAllaria Wealth Management Ltd. purchased a new position in iShares MSCI EAFE ETF in the first quarter worth $27,000. Beach Investment Counsel Inc. PA acquired a new stake in iShares MSCI EAFE ETF in the second quarter valued at $35,000. Finally, Fairscale Capital LLC purchased a new stake in shares of iShares MSCI EAFE ETF during the 2nd quarter worth $37,000. 79.80% of the stock is currently owned by institutional investors and hedge funds.

iShares MSCI EAFE ETF Stock Down 0.3 %

NYSEARCA:EFA opened at $79.88 on Friday. iShares MSCI EAFE ETF has a fifty-two week low of $65.68 and a fifty-two week high of $84.56. The firm’s fifty day simple moving average is $81.89 and its 200-day simple moving average is $80.13.

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.