Thrive Wealth Management LLC Cuts Position in iShares MSCI EAFE ETF (NYSEARCA:EFA)

Thrive Wealth Management LLC lowered its stake in shares of iShares MSCI EAFE ETF (NYSEARCA:EFA) by 0.9% during the third quarter, Holdings Channel reports. The institutional investor owned 35,625 shares of the exchange traded fund’s stock after selling 314 shares during the period. iShares MSCI EAFE ETF comprises about 0.5% of Thrive Wealth Management LLC’s portfolio, making the stock its 22nd biggest position. Thrive Wealth Management LLC’s holdings in iShares MSCI EAFE ETF were worth $2,979,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Triad Wealth Partners LLC purchased a new stake in shares of iShares MSCI EAFE ETF during the 2nd quarter worth approximately $25,000. SYM FINANCIAL Corp purchased a new stake in iShares MSCI EAFE ETF during the second quarter worth $26,000. CarsonAllaria Wealth Management Ltd. acquired a new stake in iShares MSCI EAFE ETF in the first quarter valued at $27,000. Fortis Group Advisors LLC increased its position in shares of iShares MSCI EAFE ETF by 100.0% in the fourth quarter. Fortis Group Advisors LLC now owns 346 shares of the exchange traded fund’s stock valued at $26,000 after buying an additional 173 shares in the last quarter. Finally, Beach Investment Counsel Inc. PA acquired a new position in shares of iShares MSCI EAFE ETF during the 2nd quarter worth $35,000. 79.80% of the stock is currently owned by institutional investors and hedge funds.

iShares MSCI EAFE ETF Price Performance

Shares of iShares MSCI EAFE ETF stock traded up $0.48 on Friday, hitting $82.55. The company’s stock had a trading volume of 8,536,123 shares, compared to its average volume of 13,258,279. iShares MSCI EAFE ETF has a 52-week low of $65.68 and a 52-week high of $84.56. The firm has a fifty day moving average price of $80.90 and a 200-day moving average price of $79.93.

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.