Phillips Financial Management LLC Sells 9,254 Shares of iShares MSCI EAFE ETF (NYSEARCA:EFA)

Phillips Financial Management LLC reduced its stake in iShares MSCI EAFE ETF (NYSEARCA:EFA) by 12.7% in the 4th quarter, HoldingsChannel reports. The firm owned 63,554 shares of the exchange traded fund’s stock after selling 9,254 shares during the quarter. Phillips Financial Management LLC’s holdings in iShares MSCI EAFE ETF were worth $4,805,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of EFA. Thompson Siegel & Walmsley LLC raised its holdings in shares of iShares MSCI EAFE ETF by 1,852.0% in the 4th quarter. Thompson Siegel & Walmsley LLC now owns 868,186 shares of the exchange traded fund’s stock worth $65,644,000 after acquiring an additional 823,710 shares during the last quarter. Impact Capital Partners LLC bought a new stake in shares of iShares MSCI EAFE ETF during the 4th quarter worth $1,100,000. HBK Sorce Advisory LLC grew its position in shares of iShares MSCI EAFE ETF by 0.7% during the 4th quarter. HBK Sorce Advisory LLC now owns 34,620 shares of the exchange traded fund’s stock valued at $2,618,000 after acquiring an additional 238 shares during the period. Avantax Advisory Services Inc. raised its holdings in shares of iShares MSCI EAFE ETF by 46.3% in the 4th quarter. Avantax Advisory Services Inc. now owns 337,149 shares of the exchange traded fund’s stock worth $25,492,000 after purchasing an additional 106,731 shares during the period. Finally, Essential Planning LLC. purchased a new stake in iShares MSCI EAFE ETF in the fourth quarter worth $5,173,000. Institutional investors own 79.80% of the company’s stock.

iShares MSCI EAFE ETF Stock Performance

Shares of EFA opened at $82.75 on Thursday. iShares MSCI EAFE ETF has a fifty-two week low of $73.91 and a fifty-two week high of $84.57. The business has a 50-day moving average of $79.70 and a 200 day moving average of $79.85. The firm has a market cap of $58.14 billion, a P/E ratio of 17.57 and a beta of 0.87.

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.