Orion Portfolio Solutions LLC Lowers Stock Holdings in iShares MSCI EAFE ETF (NYSEARCA:EFA)

Orion Portfolio Solutions LLC cut its holdings in shares of iShares MSCI EAFE ETF (NYSEARCA:EFA) by 6.1% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 289,851 shares of the exchange traded fund’s stock after selling 18,843 shares during the period. Orion Portfolio Solutions LLC’s holdings in iShares MSCI EAFE ETF were worth $21,916,000 as of its most recent SEC filing.

Several other large investors also recently bought and sold shares of the stock. Noble Wealth Management PBC purchased a new stake in shares of iShares MSCI EAFE ETF in the 4th quarter valued at about $1,353,000. Empowered Funds LLC acquired a new stake in shares of iShares MSCI EAFE ETF in the fourth quarter valued at approximately $79,000. Proficio Capital Partners LLC purchased a new stake in iShares MSCI EAFE ETF during the 4th quarter worth about $972,000. Baron Financial Group LLC raised its holdings in iShares MSCI EAFE ETF by 3.7% in the 4th quarter. Baron Financial Group LLC now owns 75,556 shares of the exchange traded fund’s stock valued at $5,713,000 after acquiring an additional 2,681 shares during the last quarter. Finally, Clientfirst Wealth Management LLC acquired a new position in shares of iShares MSCI EAFE ETF during the 4th quarter valued at about $397,000. Hedge funds and other institutional investors own 79.80% of the company’s stock.

iShares MSCI EAFE ETF Stock Up 0.2 %

Shares of EFA stock opened at $83.20 on Friday. iShares MSCI EAFE ETF has a fifty-two week low of $73.91 and a fifty-two week high of $85.19. The firm’s 50 day moving average price is $81.46 and its two-hundred day moving average price is $80.00. The stock has a market cap of $58.46 billion, a price-to-earnings ratio of 17.21 and a beta of 0.86.

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.