Brookmont Capital Management Lowers Stake in iShares MSCI EAFE ETF (NYSEARCA:EFA)

Brookmont Capital Management lowered its position in shares of iShares MSCI EAFE ETF (NYSEARCA:EFA) by 8.1% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 7,993 shares of the exchange traded fund’s stock after selling 709 shares during the period. Brookmont Capital Management’s holdings in iShares MSCI EAFE ETF were worth $604,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of the stock. Fairscale Capital LLC acquired a new position in shares of iShares MSCI EAFE ETF during the second quarter valued at about $37,000. ORG Wealth Partners LLC acquired a new position in shares of iShares MSCI EAFE ETF in the third quarter worth about $39,000. Kennebec Savings Bank acquired a new stake in shares of iShares MSCI EAFE ETF during the 3rd quarter valued at about $49,000. Financial Management Professionals Inc. raised its holdings in iShares MSCI EAFE ETF by 2,734.8% in the 3rd quarter. Financial Management Professionals Inc. now owns 652 shares of the exchange traded fund’s stock worth $54,000 after purchasing an additional 629 shares during the period. Finally, Armstrong Advisory Group Inc. raised its position in iShares MSCI EAFE ETF by 3,070.4% during the fourth quarter. Armstrong Advisory Group Inc. now owns 856 shares of the exchange traded fund’s stock worth $65,000 after acquiring an additional 829 shares during the period. Hedge funds and other institutional investors own 79.80% of the company’s stock.

iShares MSCI EAFE ETF Price Performance

EFA stock opened at $76.78 on Tuesday. iShares MSCI EAFE ETF has a 52 week low of $73.26 and a 52 week high of $84.56. The firm has a 50-day simple moving average of $77.22 and a 200-day simple moving average of $79.47.

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.