iShares MSCI EAFE ETF (NYSEARCA:EFA) Shares Sold by Cornerstone Management Inc.

Cornerstone Management Inc. lowered its stake in iShares MSCI EAFE ETF (NYSEARCA:EFA) by 10.3% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 239,422 shares of the exchange traded fund’s stock after selling 27,356 shares during the quarter. iShares MSCI EAFE ETF comprises about 4.2% of Cornerstone Management Inc.’s portfolio, making the stock its 6th biggest holding. Cornerstone Management Inc.’s holdings in iShares MSCI EAFE ETF were worth $20,023,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also bought and sold shares of the company. Rebalance LLC lifted its holdings in iShares MSCI EAFE ETF by 0.4% in the 2nd quarter. Rebalance LLC now owns 29,644 shares of the exchange traded fund’s stock valued at $2,322,000 after acquiring an additional 126 shares during the last quarter. Schwab Charitable Fund lifted its holdings in iShares MSCI EAFE ETF by 1.5% in the 1st quarter. Schwab Charitable Fund now owns 8,716 shares of the exchange traded fund’s stock valued at $696,000 after acquiring an additional 129 shares during the last quarter. Sandy Cove Advisors LLC lifted its holdings in iShares MSCI EAFE ETF by 0.9% in the 2nd quarter. Sandy Cove Advisors LLC now owns 14,474 shares of the exchange traded fund’s stock valued at $1,134,000 after acquiring an additional 132 shares during the last quarter. Affiance Financial LLC lifted its holdings in iShares MSCI EAFE ETF by 0.8% in the 1st quarter. Affiance Financial LLC now owns 17,073 shares of the exchange traded fund’s stock valued at $1,363,000 after acquiring an additional 133 shares during the last quarter. Finally, Balanced Wealth Group LLC lifted its holdings in iShares MSCI EAFE ETF by 1.8% in the 2nd quarter. Balanced Wealth Group LLC now owns 7,660 shares of the exchange traded fund’s stock valued at $601,000 after acquiring an additional 135 shares during the last quarter. Institutional investors and hedge funds own 79.80% of the company’s stock.

iShares MSCI EAFE ETF Stock Performance

Shares of NYSEARCA EFA traded down $0.43 during mid-day trading on Thursday, reaching $81.55. The company had a trading volume of 887,310 shares, compared to its average volume of 13,089,259. iShares MSCI EAFE ETF has a 1-year low of $65.68 and a 1-year high of $84.56. The company has a 50-day moving average price of $81.04 and a two-hundred day moving average price of $79.98.

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.