First Citizens Bank & Trust Co. Grows Stake in iShares MSCI EAFE ETF (NYSEARCA:EFA)

First Citizens Bank & Trust Co. grew its position in iShares MSCI EAFE ETF (NYSEARCA:EFA) by 86.4% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 96,906 shares of the exchange traded fund’s stock after purchasing an additional 44,916 shares during the period. First Citizens Bank & Trust Co.’s holdings in iShares MSCI EAFE ETF were worth $7,327,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in EFA. Arvest Bank Trust Division purchased a new position in shares of iShares MSCI EAFE ETF in the third quarter valued at $119,220,000. USA Financial Formulas increased its holdings in iShares MSCI EAFE ETF by 35,177.0% during the 3rd quarter. USA Financial Formulas now owns 977,879 shares of the exchange traded fund’s stock valued at $81,780,000 after acquiring an additional 975,107 shares in the last quarter. Toronto Dominion Bank increased its holdings in 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 valued at $187,407,000 after acquiring an additional 888,764 shares in the last quarter. DRW Securities LLC increased its stake 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 purchasing an additional 755,574 shares in the last quarter. Finally, International Assets Investment Management LLC increased its stake in shares of iShares MSCI EAFE ETF by 6,217.5% during the 3rd 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. Hedge funds and other institutional investors own 79.80% of the company’s stock.

iShares MSCI EAFE ETF Price Performance

Shares of EFA opened at $79.23 on Friday. The firm has a 50 day simple moving average of $77.27 and a 200-day simple moving average of $79.42. iShares MSCI EAFE ETF has a 1-year low of $73.91 and a 1-year 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.