Strategic Blueprint LLC has reduced its investment in the iShares MSCI EAFE Small-Cap ETF (NASDAQ: SCZ) by 4.0% during the second quarter of 2023. According to the company’s latest Form 13F filing with the Securities and Exchange Commission (SEC), Strategic Blueprint LLC sold 437 shares, leaving it with a total of 10,614 shares valued at approximately $771,000.
The adjustment in holdings comes as part of a broader trend among institutional investors. Notably, TIAA Trust National Association significantly increased its position in the iShares MSCI EAFE Small-Cap ETF by 393.3% during the first quarter. The firm now holds 7,751,093 shares, valued at $492,427,000, after acquiring an additional 6,179,919 shares during that period.
In addition, JPMorgan Chase & Co. also expanded its stake by 198.5%, now owning 3,884,691 shares worth $246,794,000 following the purchase of 2,583,456 shares. Similarly, Nuveen LLC entered the market with a new stake valued at $47,634,000, while Financiere des Professionnels Fonds d’investissement inc. increased its holdings by an impressive 552.0%, now owning 877,000 shares valued at $55,716,000.
Another notable investor, Jones Financial Companies Lllp, raised its position by 4.9%, bringing its total to 10,190,121 shares, valued at $655,067,000 after buying an additional 474,792 shares.
Recent Stock Performance
As of the latest trading session, shares of the iShares MSCI EAFE Small-Cap ETF opened at $77.46. The ETF has demonstrated solid performance, with a fifty-day moving average of $76.36 and a 200-day moving average of $72.33. Over the past year, the ETF has seen fluctuations, with a fifty-two week low of $56.64 and a high of $77.92. With a market capitalization of approximately $10.81 billion, the ETF’s price-to-earnings ratio stands at 14.79, and it has a beta of 0.96, indicating a level of stability compared to the broader market.
Investors continue to monitor the iShares MSCI EAFE Small-Cap ETF closely as it remains a key player in the international small-cap equity space. For those interested in the latest developments and insider trades related to the ETF, resources such as HoldingsChannel.com provide comprehensive updates on Form 13F filings.
With significant investments from various institutions, the iShares MSCI EAFE Small-Cap ETF appears to be a focal point for investors looking to capitalize on opportunities within the small-cap segment of the international market.
