Portland Global Advisors LLC Cuts Stake in iShares MSCI EAFE ETF (NYSEARCA:EFA)

Portland Global Advisors LLC reduced its position in shares of iShares MSCI EAFE ETF (NYSEARCA:EFA) by 1.6% in the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 244,005 shares of the exchange traded fund’s stock after selling 4,011 shares during the quarter. iShares MSCI EAFE ETF accounts for about 2.3% of Portland Global Advisors LLC’s investment portfolio, making the stock its 11th biggest holding. Portland Global Advisors LLC’s holdings in iShares MSCI EAFE ETF were worth $18,449,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of EFA. AllSquare Wealth Management LLC grew its position in iShares MSCI EAFE ETF by 92.7% in the 4th quarter. AllSquare Wealth Management LLC now owns 395 shares of the exchange traded fund’s stock worth $30,000 after purchasing an additional 190 shares during the period. Parkworth Wealth Management Inc. purchased a new position in iShares MSCI EAFE ETF during the fourth quarter valued at $32,000. Murphy & Mullick Capital Management Corp purchased a new stake in shares of iShares MSCI EAFE ETF during the 4th quarter worth approximately $36,000. Roxbury Financial LLC bought a new position in iShares MSCI EAFE ETF during the fourth quarter valued at $43,000. Finally, Kentucky Trust Co bought a new position in shares of iShares MSCI EAFE ETF during the 4th quarter valued at approximately $45,000. 79.80% of the stock is owned by hedge funds and other institutional investors.

iShares MSCI EAFE ETF Price Performance

iShares MSCI EAFE ETF stock opened at $82.46 on Friday. iShares MSCI EAFE ETF has a 1-year low of $73.91 and a 1-year high of $85.19. The firm has a market capitalization of $57.94 billion, a P/E ratio of 17.21 and a beta of 0.86. The company’s 50-day moving average is $81.57 and its 200 day moving average is $80.01.

iShares MSCI EAFE ETF 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.