Eastern Bank lowered its position in iShares MSCI EAFE ETF (NYSEARCA:EFA – Free Report) by 28.7% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 22,296 shares of the exchange traded fund’s stock after selling 8,962 shares during the quarter. Eastern Bank’s holdings in iShares MSCI EAFE ETF were worth $1,822,000 at the end of the most recent reporting period.
Other large investors have also recently added to or reduced their stakes in the company. Park Square Financial Group LLC bought a new position in shares of iShares MSCI EAFE ETF in the fourth quarter valued at about $33,000. Smallwood Wealth Investment Management LLC bought a new position in iShares MSCI EAFE ETF during the first quarter worth about $34,000. Mpwm Advisory Solutions LLC bought a new position in iShares MSCI EAFE ETF during the fourth quarter worth about $36,000. von Borstel & Associates Inc. bought a new position in iShares MSCI EAFE ETF during the first quarter worth about $43,000. Finally, Wood Tarver Financial Group LLC bought a new position in iShares MSCI EAFE ETF during the fourth quarter worth about $44,000. Institutional investors and hedge funds own 79.80% of the company’s stock.
iShares MSCI EAFE ETF Stock Performance
NYSEARCA:EFA opened at $88.47 on Thursday. iShares MSCI EAFE ETF has a 52 week low of $72.14 and a 52 week high of $91.57. The firm has a market cap of $63.80 billion, a price-to-earnings ratio of 16.48 and a beta of 0.86. The firm’s 50-day simple moving average is $88.91 and its 200 day simple moving average is $84.17.
About iShares MSCI EAFE ETF
iShares MSCI EAFE ETF, formerly iShares MSCI EAFE Index Fund (the Fund), is an exchange-traded fund. The Fund’s investment objective is to seek investment results that correspond to the price and yield performance of its underlying index, MSCI EAFE Index (the Index). The Index has been developed by MSCI Inc as an equity benchmark for its international stock performance.
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