Connecticut Wealth Management LLC Sells 6,516 Shares of iShares MSCI EAFE ETF (NYSEARCA:EFA)

Connecticut Wealth Management LLC trimmed its position in shares of iShares MSCI EAFE ETF (NYSEARCA:EFA) by 8.8% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 67,751 shares of the exchange traded fund’s stock after selling 6,516 shares during the period. Connecticut Wealth Management LLC’s holdings in iShares MSCI EAFE ETF were worth $5,307,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Kayne Anderson Rudnick Investment Management LLC raised its holdings in shares of iShares MSCI EAFE ETF by 27.5% in the second quarter. Kayne Anderson Rudnick Investment Management LLC now owns 89,501 shares of the exchange traded fund’s stock worth $6,985,000 after buying an additional 19,331 shares during the period. Asset Management Group Inc. increased its stake in iShares MSCI EAFE ETF by 1.0% in the second quarter. Asset Management Group Inc. now owns 45,330 shares of the exchange traded fund’s stock worth $3,551,000 after purchasing an additional 468 shares during the period. Summit Trail Advisors LLC increased its stake in iShares MSCI EAFE ETF by 9.6% in the second quarter. Summit Trail Advisors LLC now owns 281,306 shares of the exchange traded fund’s stock worth $22,035,000 after purchasing an additional 24,642 shares during the period. Balanced Wealth Group LLC boosted its stake in shares of iShares MSCI EAFE ETF by 1.8% during the second quarter. Balanced Wealth Group LLC now owns 7,660 shares of the exchange traded fund’s stock valued at $601,000 after purchasing an additional 135 shares during the period. Finally, Chesapeake Wealth Management grew its holdings in shares of iShares MSCI EAFE ETF by 1.9% in the second quarter. Chesapeake Wealth Management now owns 75,226 shares of the exchange traded fund’s stock worth $5,892,000 after purchasing an additional 1,421 shares during the last quarter. 79.80% of the stock is owned by hedge funds and other institutional investors.

iShares MSCI EAFE ETF Stock Down 1.0 %

EFA stock opened at $82.26 on Friday. iShares MSCI EAFE ETF has a 12 month low of $65.68 and a 12 month high of $83.28. The firm’s 50-day moving average is $80.27 and its 200 day moving average is $79.64.

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.