Cornerstone Wealth Management LLC Sells 652 Shares of iShares MSCI EAFE ETF (NYSEARCA:EFA)

Cornerstone Wealth Management LLC lessened its holdings in iShares MSCI EAFE ETF (NYSEARCA:EFA) by 15.3% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 3,610 shares of the exchange traded fund’s stock after selling 652 shares during the period. Cornerstone Wealth Management LLC’s holdings in iShares MSCI EAFE ETF were worth $273,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also added to or reduced their stakes in EFA. ORG Wealth Partners LLC bought a new position in shares of iShares MSCI EAFE ETF in the third quarter valued at about $39,000. Kennebec Savings Bank acquired a new position in iShares MSCI EAFE ETF in the 3rd quarter valued at about $49,000. Endeavor Private Wealth Inc. bought a new position in iShares MSCI EAFE ETF in the 4th quarter valued at about $49,000. Financial Management Professionals Inc. lifted its position in iShares MSCI EAFE ETF by 2,734.8% during the third quarter. Financial Management Professionals Inc. now owns 652 shares of the exchange traded fund’s stock worth $54,000 after acquiring an additional 629 shares during the last quarter. Finally, Armstrong Advisory Group Inc. boosted its holdings in shares of 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. Institutional investors and hedge funds own 79.80% of the company’s stock.

iShares MSCI EAFE ETF Trading Up 0.6 %

Shares of NYSEARCA EFA opened at $79.23 on Monday. The business’s 50 day moving average is $77.27 and its 200-day moving average is $79.42. iShares MSCI EAFE ETF has a 1-year low of $73.91 and a 1-year high of $84.56.

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.