MAI Capital Management Decreases Stake in iShares MSCI EAFE ETF (NYSEARCA:EFA)

MAI Capital Management cut its holdings in shares of iShares MSCI EAFE ETF (NYSEARCA:EFA) by 1.7% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 351,004 shares of the exchange traded fund’s stock after selling 5,964 shares during the quarter. MAI Capital Management owned approximately 0.05% of iShares MSCI EAFE ETF worth $29,354,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Envestnet Asset Management Inc. boosted its holdings in shares of iShares MSCI EAFE ETF by 33.1% in the second quarter. Envestnet Asset Management Inc. now owns 8,765,455 shares of the exchange traded fund’s stock worth $686,598,000 after acquiring an additional 2,179,857 shares during the period. Natixis Advisors LLC boosted its stake in iShares MSCI EAFE ETF by 764.7% in the 2nd quarter. Natixis Advisors LLC now owns 1,935,011 shares of the exchange traded fund’s stock worth $151,569,000 after purchasing an additional 1,711,236 shares during the period. TD Asset Management Inc grew its holdings in iShares MSCI EAFE ETF by 31.0% during the 2nd quarter. TD Asset Management Inc now owns 5,825,155 shares of the exchange traded fund’s stock valued at $456,284,000 after buying an additional 1,377,019 shares in the last quarter. USA Financial Formulas increased its position in shares of iShares MSCI EAFE ETF by 35,177.0% during the third quarter. USA Financial Formulas now owns 977,879 shares of the exchange traded fund’s stock valued at $81,780,000 after buying an additional 975,107 shares during the period. Finally, Toronto Dominion Bank lifted its holdings in shares of iShares MSCI EAFE ETF by 109.4% in the second quarter. Toronto Dominion Bank now owns 1,352,143 shares of the exchange traded fund’s stock worth $105,913,000 after buying an additional 706,558 shares in the last quarter. Institutional investors own 79.80% of the company’s stock.

iShares MSCI EAFE ETF Stock Performance

EFA stock opened at $77.13 on Monday. The firm has a 50 day moving average of $81.03 and a 200-day moving average of $80.34. iShares MSCI EAFE ETF has a 12 month low of $70.64 and a 12 month high of $84.56.

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.