iShares MSCI EAFE ETF $EFA is Redwood Investment Management LLC’s 4th Largest Position

Redwood Investment Management LLC trimmed its holdings in iShares MSCI EAFE ETF (NYSEARCA:EFA) by 10.2% in the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 422,551 shares of the exchange traded fund’s stock after selling 47,826 shares during the period. iShares MSCI EAFE ETF accounts for about 5.1% of Redwood Investment Management LLC’s holdings, making the stock its 4th biggest holding. Redwood Investment Management LLC owned 0.06% of iShares MSCI EAFE ETF worth $41,042,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Horizon Investments LLC raised its holdings in iShares MSCI EAFE ETF by 2,520.0% in the 4th quarter. Horizon Investments LLC now owns 262 shares of the exchange traded fund’s stock valued at $25,000 after acquiring an additional 252 shares during the last quarter. Hilton Head Capital Partners LLC acquired a new position in shares of iShares MSCI EAFE ETF during the 4th quarter worth approximately $26,000. Atlas Capital Advisors Inc. acquired a new position in shares of iShares MSCI EAFE ETF during the 4th quarter worth approximately $29,000. Scarborough Advisors LLC acquired a new position in shares of iShares MSCI EAFE ETF during the 1st quarter worth approximately $33,000. Finally, GeoWealth Management LLC purchased a new stake in shares of iShares MSCI EAFE ETF in the fourth quarter valued at approximately $37,000. 79.80% of the stock is owned by hedge funds and other institutional investors.

iShares MSCI EAFE ETF Stock Performance

NYSEARCA:EFA opened at $105.58 on Monday. iShares MSCI EAFE ETF has a one year low of $86.74 and a one year high of $106.32. The stock has a market cap of $78.04 billion, a PE ratio of 16.48 and a beta of 0.78. The stock has a 50 day moving average price of $103.93 and a 200 day moving average price of $102.06.

iShares MSCI EAFE ETF Company 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.