ETFs

Global Retirement Partners LLC Boosts iShares MSCI EAFE Small-Cap ETF Holdings

Published October 19, 2024

Global Retirement Partners LLC has recently increased its stake in the iShares MSCI EAFE Small-Cap ETF (NASDAQ:SCZ) by 22.7% in the third quarter, according to reports. The firm now owns a total of 34,159 shares after acquiring an additional 6,309 shares during this time frame. The value of Global Retirement Partners LLC's stakes in the ETF was approximately $2.31 million based on its latest filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also been active with their investments in SCZ. For instance, Kingsview Wealth Management LLC grew its holdings by 2.1% in the first quarter, bringing its total to 7,633 shares, valued at around $483,000 after purchasing 159 additional shares recently. Likewise, Magnus Financial Group LLC increased its position by 1.3% during the second quarter to own 13,218 shares, worth about $815,000 after acquiring another 166 shares.

Additionally, Compass Ion Advisors LLC raised its holdings in the iShares MSCI EAFE Small-Cap ETF by 3.4% in the second quarter and now owns 5,913 shares valued at approximately $374,000 after buying 196 more shares. Ascent Group LLC also expanded its stake by 6.4% during the same quarter, owning 3,393 shares valued at $209,000 following the acquisition of 203 additional shares.

Lastly, Strategic Blueprint LLC increased its position by 1.4% in the second quarter, owning 15,127 shares valued at around $932,000 after acquiring an additional 207 shares during this period.

Market Performance of iShares MSCI EAFE Small-Cap ETF

As of the latest trading session, shares of NASDAQ:SCZ opened at $65.78. The stock has a 50-day moving average of $65.67 and a 200-day moving average of $63.78. With a market capitalization of $9.09 billion, it has a price-to-earnings (P/E) ratio of 12.38 and a beta of 0.96. The ETF reached a twelve-month low of $52.21 and a twelve-month high of $68.32.

Overview of iShares MSCI EAFE Small-Cap ETF

The iShares MSCI EAFE Small-Cap ETF seeks to track the performance of small-cap stocks in developed markets outside of North America, specifically targeting Europe, Australasia, and the Far East. It is an investment option for those looking to diversify their portfolios with international equities.

iShares, ETF, Investments