Simplicity Wealth LLC Significantly Reduces Its Stake in iShares MSCI EAFE Small-Cap ETF

Simplicity Wealth LLC has made a notable reduction in its investment in the iShares MSCI EAFE Small-Cap ETF (NASDAQ:SCZ) by decreasing its holdings by 95.0% during the third quarter. This information was revealed in their latest filing with the Securities and Exchange Commission.

After selling 64,526 shares during this period, Simplicity Wealth now holds only 3,386 shares of the ETF. The value of their remaining shares is approximately $229,000, based on recent market conditions.

This reduction in stake comes amidst changes from other institutional investors as well. Several hedge funds have also adjusted their positions in SCZ. For example, Thurston Springer Miller Herd & Titak Inc. acquired a new stake in the ETF valued at around $25,000 in the second quarter. Meanwhile, Financial Connections Group Inc. increased its investment in SCZ by an impressive 145.9%, bringing their total to 455 shares, valued at roughly $28,000 after buying an additional 270 shares.

Moreover, MCF Advisors LLC also added a new position worth about $28,000 in this timeframe. Sachetta LLC and International Assets Investment Management LLC made similar moves, acquiring new stakes valued at around $30,000 and $32,000 respectively, in the second quarter.

Performance Overview of iShares MSCI EAFE Small-Cap ETF

As of recent market activity, shares of the iShares MSCI EAFE Small-Cap ETF opened at $65.88. The stock has fluctuated within a one-year range, reaching a low of $52.21 and a high of $68.32. The ETF boasts a market capitalization of $9.10 billion, along with a price-to-earnings (PE) ratio of 12.38 and a beta of 0.96, indicating its relative volatility compared to the market.

For investors looking at trends, its fifty-day moving average is approximately $65.31, while the two-hundred day moving average stands at $63.72, reflecting its performance stability over time.

About iShares MSCI EAFE Small-Cap ETF

The iShares MSCI EAFE Small-Cap ETF focuses on small-cap stocks in the developed markets outside of North America, aiming to provide exposure to a diverse range of industries and sectors in these regions.

Conclusion and Further Opportunities

Investors interested in the iShares MSCI EAFE Small-Cap ETF may take note of the recent strategic changes by institutional investors. Understanding the shifting landscape can be critical for making informed investment decisions. For those wishing to learn more about the holdings and trends within SCZ, checking recent filings and analyses is advisable.

In addition to SCZ, there are numerous investment opportunities available across various sectors that could also pique interest. Keeping abreast of these developments is key to navigating the investment landscape effectively.

Simplicity, ETF, Investment