Montecito Bank & Trust Cuts Stock Holdings in iShares MSCI EAFE ETF (NYSEARCA:EFA)

Montecito Bank & Trust reduced its stake in shares of iShares MSCI EAFE ETF (NYSEARCA:EFA) by 0.9% during the 4th quarter, HoldingsChannel reports. The firm owned 26,722 shares of the exchange traded fund’s stock after selling 240 shares during the quarter. Montecito Bank & Trust’s holdings in iShares MSCI EAFE ETF were worth $2,020,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently bought and sold shares of EFA. Arvest Bank Trust Division purchased a new stake in iShares MSCI EAFE ETF in the third quarter valued at approximately $119,220,000. USA Financial Formulas increased its holdings in iShares MSCI EAFE ETF by 35,177.0% in the third quarter. USA Financial Formulas now owns 977,879 shares of the exchange traded fund’s stock valued at $81,780,000 after buying an additional 975,107 shares during the last quarter. Toronto Dominion Bank raised its position in shares of iShares MSCI EAFE ETF by 65.7% during the 3rd quarter. Toronto Dominion Bank now owns 2,240,907 shares of the exchange traded fund’s stock worth $187,407,000 after acquiring an additional 888,764 shares in the last quarter. DRW Securities LLC lifted its position in shares of iShares MSCI EAFE ETF by 471.5% during the 3rd quarter. DRW Securities LLC now owns 915,832 shares of the exchange traded fund’s stock worth $76,591,000 after buying an additional 755,574 shares during the last quarter. Finally, International Assets Investment Management LLC increased its position in shares of iShares MSCI EAFE ETF by 6,217.5% during the third quarter. International Assets Investment Management LLC now owns 456,563 shares of the exchange traded fund’s stock worth $38,182,000 after purchasing an additional 449,336 shares in the last quarter. 79.80% of the stock is currently owned by institutional investors and hedge funds.

iShares MSCI EAFE ETF Stock Performance

iShares MSCI EAFE ETF stock opened at $78.79 on Friday. The business has a 50 day simple moving average of $77.20 and a 200-day simple moving average of $79.42. iShares MSCI EAFE ETF has a 12 month low of $73.91 and a 12 month high of $84.56.

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.