iShares MSCI EAFE ETF (NYSEARCA:EFA) is Cornerstone Management Inc.’s 6th Largest Position

Cornerstone Management Inc. lessened its position in shares of iShares MSCI EAFE ETF (NYSEARCA:EFA) by 1.4% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 236,114 shares of the exchange traded fund’s stock after selling 3,308 shares during the quarter. iShares MSCI EAFE ETF accounts for about 3.5% of Cornerstone Management Inc.’s holdings, making the stock its 6th biggest position. Cornerstone Management Inc.’s holdings in iShares MSCI EAFE ETF were worth $17,853,000 at the end of the most recent reporting period.

Other institutional investors also recently added to or reduced their stakes in the company. CIBC Asset Management Inc boosted its stake in shares of iShares MSCI EAFE ETF by 6.1% during the third quarter. CIBC Asset Management Inc now owns 2,872,661 shares of the exchange traded fund’s stock worth $240,241,000 after buying an additional 164,652 shares during the period. Toronto Dominion Bank lifted its position in iShares MSCI EAFE ETF by 65.7% during the 3rd quarter. Toronto Dominion Bank now owns 2,240,907 shares of the exchange traded fund’s stock worth $187,407,000 after acquiring an additional 888,764 shares during the period. Cerity Partners LLC grew its stake in shares of iShares MSCI EAFE ETF by 6.4% in the 3rd quarter. Cerity Partners LLC now owns 1,480,164 shares of the exchange traded fund’s stock valued at $122,735,000 after purchasing an additional 88,868 shares during the last quarter. Arvest Bank Trust Division purchased a new stake in shares of iShares MSCI EAFE ETF during the third quarter worth approximately $119,220,000. Finally, USA Financial Formulas lifted its holdings in shares of iShares MSCI EAFE ETF by 35,177.0% during the third 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. Institutional investors and hedge funds own 79.80% of the company’s stock.

iShares MSCI EAFE ETF Trading Down 1.2 %

NYSEARCA:EFA opened at $78.31 on Tuesday. iShares MSCI EAFE ETF has a 1-year low of $73.91 and a 1-year high of $84.56. The firm’s fifty day moving average price is $77.46 and its 200 day moving average price is $79.35.

iShares MSCI EAFE ETF Company 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.