Envestnet Portfolio Solutions Inc. Sells 105,943 Shares of iShares MSCI EAFE ETF (NYSEARCA:EFA)

Envestnet Portfolio Solutions Inc. lowered its position in shares of iShares MSCI EAFE ETF (NYSEARCA:EFA) by 33.4% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 210,923 shares of the exchange traded fund’s stock after selling 105,943 shares during the period. Envestnet Portfolio Solutions Inc.’s holdings in iShares MSCI EAFE ETF were worth $15,948,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of EFA. Parkworth Wealth Management Inc. bought a new position in shares of iShares MSCI EAFE ETF in the 4th quarter worth $32,000. Roxbury Financial LLC bought a new stake in iShares MSCI EAFE ETF in the fourth quarter worth $43,000. Kentucky Trust Co purchased a new stake in iShares MSCI EAFE ETF during the fourth quarter valued at about $45,000. SYM FINANCIAL Corp lifted its stake in shares of iShares MSCI EAFE ETF by 81.7% in the 4th quarter. SYM FINANCIAL Corp now owns 607 shares of the exchange traded fund’s stock valued at $46,000 after acquiring an additional 273 shares during the last quarter. Finally, POM Investment Strategies LLC grew its position in iShares MSCI EAFE ETF by 186.5% during the 4th quarter. POM Investment Strategies LLC now owns 639 shares of the exchange traded fund’s stock worth $48,000 after acquiring an additional 416 shares during the last quarter. Institutional investors own 79.80% of the company’s stock.

iShares MSCI EAFE ETF Stock Performance

Shares of EFA stock opened at $83.71 on Monday. The company has a market capitalization of $58.81 billion, a P/E ratio of 17.21 and a beta of 0.86. iShares MSCI EAFE ETF has a fifty-two week low of $73.91 and a fifty-two week high of $84.57. The stock has a 50 day moving average price of $79.99 and a two-hundred day moving average price of $79.84.

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.