Fi3 FINANCIAL ADVISORS LLC has reduced its investment in the iShares Core MSCI EAFE ETF by 13.5% during the first quarter of 2023. According to a recent filing with the Securities and Exchange Commission (SEC), the firm now holds 50,508 shares after divesting 7,868 shares. This change positions the iShares Core MSCI EAFE ETF as the 12th largest holding within Fi3 FINANCIAL ADVISORS LLC’s portfolio, representing approximately 1.6% of its total investments. The value of this stake is reported at $3.82 million.
Several other hedge funds have also adjusted their positions in the iShares Core MSCI EAFE ETF, which tracks developed-market stocks in Europe, Australasia, and the Far East, excluding North America. Curat Global LLC and WFA Asset Management Corp both acquired new stakes in the ETF, each valued at $26,000. Additionally, Integrity Financial Corp WA increased its holdings by 171.2% in the previous quarter, now owning 396 shares valued at approximately $28,000 after purchasing an additional 250 shares. Moreover, IFS Advisors LLC and Marshall & Sterling Wealth Advisors Inc. have also entered the ETF market, with new investments worth $29,000 and $36,000, respectively.
Current Market Performance
As of the latest trading day, the iShares Core MSCI EAFE ETF opened at $82.80. Over the past year, it has experienced a low of $66.95 and a high of $87.36. The stock’s 50-day moving average stands at $82.88, while the 200-day moving average is $78.56. With a market capitalization of $141.58 billion, the ETF has a price-to-earnings ratio of 16.18 and a beta of 0.84, indicating a relatively stable performance compared to the broader market.
The iShares Core MSCI EAFE ETF was launched on October 18, 2012, and is managed by BlackRock. It is designed to provide investors with exposure to a diverse array of stocks from developed markets outside North America, making it a popular choice for those seeking international investment opportunities.
For those interested in further details on the ETF and its performance, resources such as HoldingsChannel.com provide insights into recent 13F filings and insider trades. Additionally, investors can subscribe to daily summaries from MarketBeat.com to stay updated on news and ratings related to the iShares Core MSCI EAFE ETF and similar investment vehicles.
