Sovereign Financial Group Inc. Trims Position in iShares MSCI EAFE ETF (NYSEARCA:EFA)

Sovereign Financial Group Inc. decreased its holdings in shares of iShares MSCI EAFE ETF (NYSEARCA:EFA) by 2.7% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The firm owned 13,674 shares of the exchange traded fund’s stock after selling 374 shares during the period. Sovereign Financial Group Inc.’s holdings in iShares MSCI EAFE ETF were worth $1,144,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Rebalance LLC lifted its position in iShares MSCI EAFE ETF by 0.4% during the 2nd quarter. Rebalance LLC now owns 29,644 shares of the exchange traded fund’s stock worth $2,322,000 after acquiring an additional 126 shares during the period. Schwab Charitable Fund lifted its holdings in shares of iShares MSCI EAFE ETF by 1.5% during the first quarter. Schwab Charitable Fund now owns 8,716 shares of the exchange traded fund’s stock worth $696,000 after purchasing an additional 129 shares during the period. Sandy Cove Advisors LLC grew its position 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 buying an additional 132 shares during the last quarter. Affiance Financial LLC increased its stake 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 buying an additional 133 shares during the period. Finally, Balanced Wealth Group LLC raised its position in iShares MSCI EAFE ETF by 1.8% during the 2nd quarter. Balanced Wealth Group LLC now owns 7,660 shares of the exchange traded fund’s stock worth $601,000 after buying an additional 135 shares during the last quarter. Hedge funds and other institutional investors own 79.80% of the company’s stock.

iShares MSCI EAFE ETF Stock Performance

EFA stock opened at $81.94 on Wednesday. iShares MSCI EAFE ETF has a one year low of $65.68 and a one year high of $84.56. The company has a fifty day moving average of $81.01 and a 200-day moving average of $79.97.

About iShares MSCI EAFE ETF

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.