Archer Investment Corp Cuts Stock Holdings in iShares MSCI EAFE ETF (NYSEARCA:EFA)

Archer Investment Corp cut its stake in shares of iShares MSCI EAFE ETF (NYSEARCA:EFA) by 10.3% in the 3rd quarter, Holdings Channel reports. The institutional investor owned 1,597 shares of the exchange traded fund’s stock after selling 184 shares during the quarter. Archer Investment Corp’s holdings in iShares MSCI EAFE ETF were worth $134,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. Empowered Funds LLC acquired a new stake in shares of iShares MSCI EAFE ETF in the first quarter worth $757,000. Sei Investments Co. raised its position in iShares MSCI EAFE ETF by 6.6% in the first quarter. Sei Investments Co. now owns 77,344 shares of the exchange traded fund’s stock valued at $6,177,000 after purchasing an additional 4,780 shares during the period. Mizuho Markets Americas LLC acquired a new position in shares of iShares MSCI EAFE ETF during the first quarter worth about $2,576,000. Nicolet Advisory Services LLC boosted its position in shares of iShares MSCI EAFE ETF by 3.7% in the first quarter. Nicolet Advisory Services LLC now owns 5,946 shares of the exchange traded fund’s stock worth $472,000 after buying an additional 214 shares during the period. Finally, Vanguard Group Inc. grew its stake in shares of iShares MSCI EAFE ETF by 0.7% in the first quarter. Vanguard Group Inc. now owns 141,691 shares of the exchange traded fund’s stock valued at $11,315,000 after buying an additional 974 shares in the last quarter. 79.80% of the stock is currently owned by institutional investors and hedge funds.

iShares MSCI EAFE ETF Price Performance

iShares MSCI EAFE ETF stock opened at $77.15 on Friday. iShares MSCI EAFE ETF has a one year low of $70.64 and a one year high of $84.56. The stock’s 50 day moving average price is $81.03 and its 200 day moving average price is $80.29.

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.