Koshinski Asset Management Inc. Decreases Holdings in iShares MSCI EAFE ETF (NYSEARCA:EFA)

Koshinski Asset Management Inc. trimmed its holdings in shares of iShares MSCI EAFE ETF (NYSEARCA:EFA) by 57.5% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 6,736 shares of the exchange traded fund’s stock after selling 9,099 shares during the quarter. Koshinski Asset Management Inc.’s holdings in iShares MSCI EAFE ETF were worth $509,000 at the end of the most recent reporting period.

Several other hedge funds have also recently made changes to their positions in EFA. Arvest Bank Trust Division purchased a new stake in iShares MSCI EAFE ETF in the 3rd quarter worth about $119,220,000. USA Financial Formulas raised its position in iShares MSCI EAFE ETF by 35,177.0% in the 3rd quarter. USA Financial Formulas now owns 977,879 shares of the exchange traded fund’s stock worth $81,780,000 after purchasing an additional 975,107 shares during the period. Toronto Dominion Bank raised its position in iShares MSCI EAFE ETF by 65.7% in the 3rd 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 raised its position in 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 worth $76,591,000 after purchasing an additional 755,574 shares during the period. Finally, AlTi Global Inc. raised its position in iShares MSCI EAFE ETF by 8.4% in the 2nd quarter. AlTi Global Inc. now owns 6,655,277 shares of the exchange traded fund’s stock worth $521,308,000 after purchasing an additional 517,329 shares during the period. 79.80% of the stock is currently owned by hedge funds and other institutional investors.

iShares MSCI EAFE ETF Price Performance

iShares MSCI EAFE ETF stock opened at $78.15 on Thursday. iShares MSCI EAFE ETF has a 1-year low of $73.62 and a 1-year high of $84.56. The company’s 50-day moving average is $77.19 and its 200 day moving average is $79.43.

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.