Abacus Planning Group Inc. Sells 1,281 Shares of iShares MSCI EAFE ETF (NYSEARCA:EFA)

Abacus Planning Group Inc. reduced its position in shares of iShares MSCI EAFE ETF (NYSEARCA:EFA) by 5.7% in the second quarter, HoldingsChannel reports. The institutional investor owned 21,293 shares of the exchange traded fund’s stock after selling 1,281 shares during the quarter. Abacus Planning Group Inc.’s holdings in iShares MSCI EAFE ETF were worth $1,668,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in EFA. JPMorgan Chase & Co. boosted its position in iShares MSCI EAFE ETF by 17.6% during the 1st quarter. JPMorgan Chase & Co. now owns 27,440,338 shares of the exchange traded fund’s stock valued at $2,191,386,000 after buying an additional 4,116,234 shares during the period. TD Asset Management Inc boosted its position in iShares MSCI EAFE ETF by 62.3% during the 4th quarter. TD Asset Management Inc now owns 5,695,838 shares of the exchange traded fund’s stock valued at $429,181,000 after buying an additional 2,186,324 shares during the period. Capital International Investors boosted its position in iShares MSCI EAFE ETF by 134.9% during the 4th quarter. Capital International Investors now owns 1,911,162 shares of the exchange traded fund’s stock valued at $143,853,000 after buying an additional 1,097,655 shares during the period. Pathstone Holdings LLC purchased a new stake in iShares MSCI EAFE ETF during the 4th quarter valued at $58,778,000. Finally, Cetera Investment Advisers boosted its position in iShares MSCI EAFE ETF by 383.6% during the 1st quarter. Cetera Investment Advisers now owns 758,791 shares of the exchange traded fund’s stock valued at $60,597,000 after buying an additional 601,896 shares during the period. Hedge funds and other institutional investors own 79.80% of the company’s stock.

iShares MSCI EAFE ETF Price Performance

Shares of EFA opened at $82.98 on Friday. The firm has a fifty day simple moving average of $79.64 and a two-hundred day simple moving average of $79.14. iShares MSCI EAFE ETF has a twelve month low of $65.68 and a twelve month high of $83.28.

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.