Claro Advisors LLC Reduces Stake in iShares MSCI EAFE ETF (NYSEARCA:EFA)

On October 20th, 2024, it was reported that Claro Advisors LLC has downsized its investment in the iShares MSCI EAFE ETF (NYSEARCA:EFA) by a significant 50.8% during the third quarter. This decision comes after the firm sold 6,077 shares, leaving them with a total of 5,893 shares of this exchange-traded fund. According to the latest filing with the Securities and Exchange Commission, Claro Advisors LLC's stake in the ETF is now valued at approximately $493,000.

Other investment firms have also made adjustments to their positions in the iShares MSCI EAFE ETF. Gray Private Wealth LLC reported a modest increase of 0.7% in their holdings during the same quarter, acquiring an additional 703 shares to reach a total of 108,565 shares, worth around $9,079,000. Meanwhile, Sax Wealth Advisors LLC grew its stake by 22.9%, adding 2,181 shares to amass a total of 11,702 shares, valued at $979,000.

Kozak & Associates Inc. increased their holdings by 30.2%, purchasing an extra 455 shares, bringing their total to 1,964 shares worth $160,000. Berkshire Money Management Inc. also raised its position by 7.4%, acquiring 10,890 additional shares to hold a total of 157,849 shares, which equates to a worth of $13,201,000.

Lastly, Greenup Street Wealth Management LLC significantly boosted their stake by 359.5%, purchasing 38,887 shares, which brought their total to 49,705 shares valued at $4,157,000. Overall, it is noteworthy that approximately 79.80% of the iShares MSCI EAFE ETF is owned by institutional investors and hedge funds.

iShares MSCI EAFE ETF Performance

As of the latest trading session, the iShares MSCI EAFE ETF opened at $81.94. The ETF has experienced a 52-week low of $65.68 and a high of $84.56. The 50-day simple moving average is noted at $81.77, while the 200-day simple moving average stands at $80.09.

About iShares MSCI EAFE ETF

The iShares MSCI EAFE ETF, previously known as the iShares MSCI EAFE Index Fund, is an exchange-traded fund that aims to deliver investment outcomes in line with the performance of the MSCI EAFE Index. This particular index serves as a benchmark for international stock performance outside of the United States and Canada.

Claro, Advisors, ETF