Global Retirement Partners LLC Boosts Stake in iShares MSCI EAFE Small-Cap ETF
Global Retirement Partners LLC has increased its stake in the iShares MSCI EAFE Small-Cap ETF (NASDAQ:SCZ) by an impressive 22.7% during the third quarter of the year. According to recent reports, the firm now holds a total of 34,159 shares after purchasing an additional 6,309 shares within this period. At the latest filing with the Securities and Exchange Commission (SEC), the value of their holdings in this ETF is estimated to be around $2,313,000.
In addition to Global Retirement Partners LLC, various other hedge funds have also made changes to their positions in SCZ. For instance, Kingsview Wealth Management LLC increased its holdings by 2.1% during the first quarter, now owning 7,633 shares valued at approximately $483,000 after acquiring an extra 159 shares in the last quarter. Furthermore, Magnus Financial Group LLC expanded its position by 1.3% in the second quarter, bringing its total to 13,218 shares worth about $815,000 after purchasing 166 additional shares. Another firm, Compass Ion Advisors LLC, raised its holdings by 3.4% during the same period, now owning 5,913 shares valued at $374,000 after buying 196 shares. Additionally, Ascent Group LLC increased its stake by 6.4%, owning 3,393 shares worth $209,000, after acquiring 203 more shares recently. Lastly, Strategic Blueprint LLC boosted its position by 1.4% in the second quarter, now holding 15,127 shares worth around $932,000 after purchasing another 207 shares.
SCZ Performance Overview
On the trading front, shares of iShares MSCI EAFE Small-Cap ETF opened at $65.78. The ETF features a 50-day moving average of $65.67 and a 200-day moving average resting at $63.78. Currently, the market capitalization of the fund is approximately $9.09 billion, with a price-to-earnings (P/E) ratio of 12.38 and a beta of 0.96. Over the past year, the ETF has recorded a low of $52.21 and a high of $68.32., which is indicative of its performance trend within that timeframe.
Understanding the iShares MSCI EAFE Small-Cap ETF
The iShares MSCI EAFE Small-Cap ETF is designed to provide investors exposure to small-cap equities in developed markets outside of North America, including Europe, Australasia, and the Far East. This ETF plays an essential role for investors looking for diversified growth opportunities in the small-cap space of international markets.
For detailed and updated information about hedge fund activities including the iShares MSCI EAFE Small-Cap ETF (NASDAQ:SCZ), interested individuals can refer to various financial news sources and platforms.
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