iShares MSCI EAFE ETF $EFA Shares Sold by Fifth Third Bancorp

Fifth Third Bancorp lowered its stake in shares of iShares MSCI EAFE ETF (NYSEARCA:EFA) by 19.0% during the 3rd quarter, Holdings Channel.com reports. The fund owned 3,038,351 shares of the exchange traded fund’s stock after selling 714,192 shares during the quarter. Fifth Third Bancorp’s holdings in iShares MSCI EAFE ETF were worth $315,654,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently made changes to their positions in EFA. Scarborough Advisors LLC purchased a new position in shares of iShares MSCI EAFE ETF during the first quarter valued at approximately $33,000. Centrica Wealth Management LLC purchased a new stake in iShares MSCI EAFE ETF in the second quarter worth approximately $40,000. Arjuna Capital purchased a new stake in iShares MSCI EAFE ETF in the first quarter worth approximately $42,000. Silver Grove Financial Group Inc. boosted its holdings in iShares MSCI EAFE ETF by 66.7% in the third quarter. Silver Grove Financial Group Inc. now owns 500 shares of the exchange traded fund’s stock worth $52,000 after purchasing an additional 200 shares during the last quarter. Finally, West Financial Advisors LLC bought a new stake in iShares MSCI EAFE ETF in the 3rd quarter worth approximately $57,000. Hedge funds and other institutional investors own 79.80% of the company’s stock.

iShares MSCI EAFE ETF Trading Up 0.3%

NYSEARCA:EFA opened at $104.66 on Thursday. The company has a market cap of $77.68 billion, a PE ratio of 17.00 and a beta of 0.79. The company has a 50 day simple moving average of $104.49 and a two-hundred day simple moving average of $103.41. iShares MSCI EAFE ETF has a 12 month low of $91.21 and a 12 month high of $108.89.

iShares MSCI EAFE ETF Company Profile

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. The Index includes stocks from Europe, Australasia and the Far East. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.