Schechter Investment Advisors LLC Decreases Stake in iShares MSCI EAFE ETF (NYSEARCA:EFA)

Schechter Investment Advisors LLC reduced its position in iShares MSCI EAFE ETF (NYSEARCA:EFA) by 29.1% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 16,092 shares of the exchange traded fund’s stock after selling 6,603 shares during the period. Schechter Investment Advisors LLC’s holdings in iShares MSCI EAFE ETF were worth $1,213,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in EFA. Axiom Financial Strategies LLC lifted its position in shares of iShares MSCI EAFE ETF by 72.1% during the first quarter. Axiom Financial Strategies LLC now owns 11,841 shares of the exchange traded fund’s stock worth $808,000 after purchasing an additional 4,959 shares during the last quarter. Fairfield Bush & CO. bought a new position in shares of iShares MSCI EAFE ETF during the first quarter worth about $37,000. Vontobel Holding Ltd. lifted its position in shares of iShares MSCI EAFE ETF by 83.6% during the first quarter. Vontobel Holding Ltd. now owns 23,000 shares of the exchange traded fund’s stock worth $1,693,000 after purchasing an additional 10,470 shares during the last quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management lifted its position in shares of iShares MSCI EAFE ETF by 7.1% during the first quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 13,970 shares of the exchange traded fund’s stock worth $1,028,000 after purchasing an additional 928 shares during the last quarter. Finally, Federated Hermes Inc. lifted its position in shares of iShares MSCI EAFE ETF by 38.1% during the first quarter. Federated Hermes Inc. now owns 236,500 shares of the exchange traded fund’s stock worth $17,406,000 after purchasing an additional 65,200 shares during the last quarter. 79.80% of the stock is owned by hedge funds and other institutional investors.

iShares MSCI EAFE ETF Price Performance

Shares of NYSEARCA EFA opened at $80.04 on Thursday. The firm’s 50-day moving average price is $76.75 and its two-hundred day moving average price is $73.14. iShares MSCI EAFE ETF has a 52-week low of $65.68 and a 52-week high of $80.06.

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.