Traders Sell iShares MSCI EAFE ETF (EFA) on Strength (EFA)

Investors sold shares of iShares MSCI EAFE ETF (NYSEARCA:EFA) on strength during trading on Friday. $147.84 million flowed into the stock on the tick-up and $262.42 million flowed out of the stock on the tick-down, for a money net flow of $114.58 million out of the stock. Of all equities tracked, iShares MSCI EAFE ETF had the 3rd highest net out-flow for the day. iShares MSCI EAFE ETF traded up $0.36 for the day and closed at $63.74

A number of hedge funds and other institutional investors have recently modified their holdings of EFA. Cahaba Wealth Management Inc. grew its position in shares of iShares MSCI EAFE ETF by 20.7% in the 2nd quarter. Cahaba Wealth Management Inc. now owns 27,291 shares of the exchange traded fund’s stock worth $1,857,000 after buying an additional 4,689 shares during the period. Wealth Alliance Advisory Group LLC grew its position in shares of iShares MSCI EAFE ETF by 33.8% in the 2nd quarter. Wealth Alliance Advisory Group LLC now owns 11,519 shares of the exchange traded fund’s stock worth $771,000 after buying an additional 2,908 shares during the period. Pinnacle Advisory Group Inc. grew its position in shares of iShares MSCI EAFE ETF by 63.7% in the 2nd quarter. Pinnacle Advisory Group Inc. now owns 14,304 shares of the exchange traded fund’s stock worth $958,000 after buying an additional 5,567 shares during the period. Martin & Co. Inc. TN grew its position in shares of iShares MSCI EAFE ETF by 1.2% in the 2nd quarter. Martin & Co. Inc. TN now owns 140,330 shares of the exchange traded fund’s stock worth $9,398,000 after buying an additional 1,718 shares during the period. Finally, Efficient Advisors LLC grew its position in shares of iShares MSCI EAFE ETF by 1.2% in the 2nd quarter. Efficient Advisors LLC now owns 247,689 shares of the exchange traded fund’s stock worth $16,588,000 after buying an additional 2,891 shares during the period.

iShares MSCI EAFE ETF Company Profile (NYSEARCA:EFA)

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.

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