Global Retirement Partners LLC Enhances Stake in iShares MSCI EAFE Small-Cap ETF

In the third quarter, Global Retirement Partners LLC significantly increased its holdings in the iShares MSCI EAFE Small-Cap ETF, trading under the ticker NASDAQ:SCZ. According to reports, the firm raised its position by 22.7%, bringing its total ownership to 34,159 shares after acquiring an additional 6,309 shares during this period.

The latest filing with the Securities and Exchange Commission (SEC) revealed that Global Retirement Partners LLC’s stake in the iShares MSCI EAFE Small-Cap ETF was valued at approximately $2,313,000.

Other Stakeholders in iShares MSCI EAFE Small-Cap ETF

Several other hedge funds have also made adjustments to their positions in SCZ, showcasing a trend of increasing interest in this particular ETF. For instance, Kingsview Wealth Management LLC raised its investment by 2.1% in the first quarter, resulting in ownership of 7,633 shares worth $483,000 after acquiring an additional 159 shares in the last quarter.

Similarly, Magnus Financial Group LLC increased its holdings by 1.3% in the second quarter, now owning 13,218 shares valued at $815,000 due to the purchase of an additional 166 shares. Another fund, Compass Ion Advisors LLC, saw its holdings rise by 3.4%, now owning 5,913 shares valued at $374,000 after acquiring 196 shares.

Ascent Group LLC also raised its stake by 6.4%, reaching a total of 3,393 shares worth $209,000 following the acquisition of 203 shares recently. Finally, Strategic Blueprint LLC lifted its position by 1.4%, now owning 15,127 shares worth around $932,000 after an acquisition of 207 shares during the period.

Current Trading Statistics for SCZ

As for the trading status of the iShares MSCI EAFE Small-Cap ETF, shares were recently listed at $65.78. The ETF has a 50-day moving average of $65.67 and a 200-day moving average of $63.78. Currently, its market capitalization stands at $9.09 billion, with a price-to-earnings ratio of 12.38 and a beta of 0.96. It is important to note that the ETF has experienced a 12-month low of $52.21 and a high of $68.32.

About iShares MSCI EAFE Small-Cap ETF

The iShares MSCI EAFE Small-Cap ETF is designed to track the performance of small-cap companies located in developed markets excluding the United States and Canada. It offers investors exposure to a diverse range of sectors and industries across Europe, Asia, and the Pacific.

Conclusion

The increase in holdings by Global Retirement Partners LLC, along with the activity of other hedge funds, indicates a growing confidence in the iShares MSCI EAFE Small-Cap ETF as an investment choice.

Investing, ETFs, Holdings