WCM Investment Management LLC Sells 1,428,392 Shares of iShares MSCI EAFE ETF $EFA

WCM Investment Management LLC lowered its stake in shares of iShares MSCI EAFE ETF (NYSEARCA:EFA) by 93.6% in the first quarter, according to its most recent disclosure with the SEC. The fund owned 98,215 shares of the exchange traded fund’s stock after selling 1,428,392 shares during the period. WCM Investment Management LLC’s holdings in iShares MSCI EAFE ETF were worth $9,239,000 as of its most recent filing with the SEC.

Other hedge funds have also made changes to their positions in the company. Clearbridge Investments LLC bought a new position in shares of iShares MSCI EAFE ETF in the 4th quarter valued at about $7,552,000. Boston Common Asset Management LLC bought a new stake in shares of iShares MSCI EAFE ETF during the fourth quarter worth approximately $2,665,000. Leo Wealth LLC raised its stake in shares of iShares MSCI EAFE ETF by 208.0% during the fourth quarter. Leo Wealth LLC now owns 12,003 shares of the exchange traded fund’s stock worth $1,153,000 after buying an additional 8,106 shares during the last quarter. Steph & Co. lifted its holdings in iShares MSCI EAFE ETF by 21.4% in the first quarter. Steph & Co. now owns 28,080 shares of the exchange traded fund’s stock valued at $2,727,000 after buying an additional 4,955 shares during the period. Finally, Royal Fund Management LLC acquired a new position in iShares MSCI EAFE ETF in the fourth quarter valued at approximately $14,202,000. Institutional investors own 79.80% of the company’s stock.

iShares MSCI EAFE ETF Stock Performance

Shares of EFA stock opened at $102.57 on Tuesday. iShares MSCI EAFE ETF has a 52-week low of $86.74 and a 52-week high of $105.94. The stock has a market cap of $75.82 billion, a PE ratio of 16.48 and a beta of 0.78. The firm’s 50 day moving average price is $103.75 and its two-hundred day moving average price is $101.65.

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. 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.