Halbert Hargrove Global Advisors LLC Trims Stock Position in iShares MSCI EAFE ETF $EFA

Halbert Hargrove Global Advisors LLC cut its holdings in iShares MSCI EAFE ETF (NYSEARCA:EFA) by 87.3% during the 1st quarter, Holdings Channel reports. The firm owned 55,185 shares of the exchange traded fund’s stock after selling 380,188 shares during the period. iShares MSCI EAFE ETF comprises approximately 0.3% of Halbert Hargrove Global Advisors LLC’s investment portfolio, making the stock its 23rd biggest holding. Halbert Hargrove Global Advisors LLC’s holdings in iShares MSCI EAFE ETF were worth $5,360,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also modified their holdings of the company. Horizon Investments LLC raised its position in shares of iShares MSCI EAFE ETF by 2,520.0% during the 4th quarter. Horizon Investments LLC now owns 262 shares of the exchange traded fund’s stock worth $25,000 after purchasing an additional 252 shares during the last quarter. Hilton Head Capital Partners LLC acquired a new stake in iShares MSCI EAFE ETF during the 4th quarter valued at $26,000. Atlas Capital Advisors Inc. acquired a new stake in iShares MSCI EAFE ETF during the 4th quarter valued at $29,000. GoalVest Advisory LLC grew its holdings in iShares MSCI EAFE ETF by 106.4% during the 4th quarter. GoalVest Advisory LLC now owns 388 shares of the exchange traded fund’s stock valued at $37,000 after buying an additional 200 shares during the last quarter. Finally, GeoWealth Management LLC purchased a new position in iShares MSCI EAFE ETF during the fourth quarter worth $37,000. 79.80% of the stock is currently owned by institutional investors and hedge funds.

iShares MSCI EAFE ETF Stock Up 0.2%

NYSEARCA EFA opened at $104.58 on Tuesday. iShares MSCI EAFE ETF has a fifty-two week low of $85.68 and a fifty-two week high of $105.94. The stock has a market cap of $77.18 billion, a price-to-earnings ratio of 16.48 and a beta of 0.78. The business has a fifty day moving average of $103.34 and a 200-day moving average of $100.57.

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. The Index includes stocks from Europe, Australasia and the Far East. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.