iShares MSCI EAFE ETF (NYSEARCA:EFA) Shares Sold by M&R Capital Management Inc.

M&R Capital Management Inc. reduced its position in iShares MSCI EAFE ETF (NYSEARCA:EFA) by 7.2% during the 2nd quarter, HoldingsChannel reports. The institutional investor owned 5,149 shares of the exchange traded fund’s stock after selling 398 shares during the period. M&R Capital Management Inc.’s holdings in iShares MSCI EAFE ETF were worth $373,000 at the end of the most recent quarter.

Other hedge funds also recently added to or reduced their stakes in the company. Coastal Investment Advisors Inc. raised its position in iShares MSCI EAFE ETF by 158.9% in the fourth quarter. Coastal Investment Advisors Inc. now owns 3,288 shares of the exchange traded fund’s stock valued at $216,000 after purchasing an additional 2,018 shares during the period. Berkeley Capital Partners LLC increased its position in shares of iShares MSCI EAFE ETF by 29.4% during the first quarter. Berkeley Capital Partners LLC now owns 5,441 shares of the exchange traded fund’s stock worth $389,000 after acquiring an additional 1,236 shares during the last quarter. D.B. Root & Company LLC purchased a new stake in shares of iShares MSCI EAFE ETF during the first quarter worth about $281,000. Triasima Portfolio Management inc. increased its position in shares of iShares MSCI EAFE ETF by 12.9% during the first quarter. Triasima Portfolio Management inc. now owns 23,870 shares of the exchange traded fund’s stock worth $1,707,000 after acquiring an additional 2,720 shares during the last quarter. Finally, Ausdal Financial Partners Inc. purchased a new stake in shares of iShares MSCI EAFE ETF during the first quarter worth about $216,000. 77.78% of the stock is owned by hedge funds and other institutional investors.

iShares MSCI EAFE ETF Stock Up 1.1 %

NYSEARCA:EFA traded up $0.76 during mid-day trading on Thursday, reaching $71.37. The stock had a trading volume of 3,908,244 shares, compared to its average volume of 16,819,555. iShares MSCI EAFE ETF has a 1-year low of $54.61 and a 1-year high of $74.74. The stock’s 50 day simple moving average is $72.02 and its two-hundred day simple moving average is $71.82.

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.