Cornerstone Management Inc. Sells 3,308 Shares of iShares MSCI EAFE ETF (NYSEARCA:EFA)

Cornerstone Management Inc. trimmed its holdings in shares of iShares MSCI EAFE ETF (NYSEARCA:EFA) by 1.4% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 236,114 shares of the exchange traded fund’s stock after selling 3,308 shares during the quarter. iShares MSCI EAFE ETF makes up approximately 3.5% of Cornerstone Management Inc.’s investment portfolio, making the stock its 6th largest position. Cornerstone Management Inc.’s holdings in iShares MSCI EAFE ETF were worth $17,853,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Arvest Bank Trust Division purchased a new position in shares of iShares MSCI EAFE ETF in the third quarter worth about $119,220,000. USA Financial Formulas grew its holdings in shares of iShares MSCI EAFE ETF by 35,177.0% in the third quarter. USA Financial Formulas now owns 977,879 shares of the exchange traded fund’s stock valued at $81,780,000 after purchasing an additional 975,107 shares during the period. Toronto Dominion Bank raised its stake in iShares MSCI EAFE ETF by 65.7% during the third quarter. Toronto Dominion Bank now owns 2,240,907 shares of the exchange traded fund’s stock worth $187,407,000 after purchasing an additional 888,764 shares during the period. DRW Securities LLC grew its stake in shares of iShares MSCI EAFE ETF by 471.5% in the 3rd quarter. DRW Securities LLC now owns 915,832 shares of the exchange traded fund’s stock valued at $76,591,000 after buying an additional 755,574 shares during the period. Finally, International Assets Investment Management LLC raised its position in shares of iShares MSCI EAFE ETF by 6,217.5% during the 3rd quarter. International Assets Investment Management LLC now owns 456,563 shares of the exchange traded fund’s stock valued at $38,182,000 after buying an additional 449,336 shares during the period. Hedge funds and other institutional investors own 79.80% of the company’s stock.

iShares MSCI EAFE ETF Trading Down 1.2 %

Shares of iShares MSCI EAFE ETF stock opened at $78.31 on Tuesday. iShares MSCI EAFE ETF has a fifty-two week low of $73.91 and a fifty-two week high of $84.56. The stock has a 50 day moving average of $77.46 and a 200 day moving average of $79.35.

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.