Penobscot Investment Management Company Inc. Sells 1,925 Shares of iShares MSCI EAFE ETF (NYSEARCA:EFA)

Penobscot Investment Management Company Inc. reduced its stake in iShares MSCI EAFE ETF (NYSEARCA:EFA) by 5.4% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 33,573 shares of the exchange traded fund’s stock after selling 1,925 shares during the period. Penobscot Investment Management Company Inc.’s holdings in iShares MSCI EAFE ETF were worth $2,538,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. AllSquare Wealth Management LLC grew its position in shares of iShares MSCI EAFE ETF by 92.7% in the 4th quarter. AllSquare Wealth Management LLC now owns 395 shares of the exchange traded fund’s stock worth $30,000 after buying an additional 190 shares during the period. Parkworth Wealth Management Inc. purchased a new stake in iShares MSCI EAFE ETF in the fourth quarter worth about $32,000. Murphy & Mullick Capital Management Corp bought a new position in shares of iShares MSCI EAFE ETF during the fourth quarter valued at approximately $36,000. Roxbury Financial LLC purchased a new position in shares of iShares MSCI EAFE ETF during the fourth quarter valued at approximately $43,000. Finally, Kentucky Trust Co bought a new stake in shares of iShares MSCI EAFE ETF in the 4th quarter worth approximately $45,000. 79.80% of the stock is currently owned by hedge funds and other institutional investors.

iShares MSCI EAFE ETF Stock Up 0.5 %

EFA stock opened at $84.11 on Wednesday. The business has a 50 day moving average of $81.18 and a 200 day moving average of $79.96. iShares MSCI EAFE ETF has a twelve month low of $73.91 and a twelve month high of $85.19. The firm has a market cap of $59.10 billion, a PE ratio of 17.21 and a beta of 0.86.

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.