PNC Financial Services Group Inc. Sells 233,059 Shares of iShares MSCI EAFE ETF (NYSEARCA:EFA)

PNC Financial Services Group Inc. trimmed its position in iShares MSCI EAFE ETF (NYSEARCA:EFA) by 2.5% during the fourth quarter, according to its most recent 13F filing with the SEC. The fund owned 8,919,677 shares of the exchange traded fund’s stock after selling 233,059 shares during the period. PNC Financial Services Group Inc. owned about 1.27% of iShares MSCI EAFE ETF worth $674,417,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently bought and sold shares of the company. Raymond James Financial Inc. bought a new position in iShares MSCI EAFE ETF in the 4th quarter valued at $258,750,000. Truist Financial Corp boosted its position in shares of iShares MSCI EAFE ETF by 4.2% in the 4th quarter. Truist Financial Corp now owns 3,372,742 shares of the exchange traded fund’s stock worth $255,013,000 after purchasing an additional 134,539 shares during the last quarter. CIBC Asset Management Inc boosted its position in shares of iShares MSCI EAFE ETF by 7.3% in the 4th quarter. CIBC Asset Management Inc now owns 3,081,835 shares of the exchange traded fund’s stock worth $233,018,000 after purchasing an additional 209,174 shares during the last quarter. Toronto Dominion Bank boosted its position in shares of iShares MSCI EAFE ETF by 65.7% in the 3rd quarter. Toronto Dominion Bank now owns 2,240,907 shares of the exchange traded fund’s stock worth $187,407,000 after purchasing an additional 888,764 shares during the last quarter. Finally, M&T Bank Corp boosted its position in shares of iShares MSCI EAFE ETF by 3.6% in the 4th quarter. M&T Bank Corp now owns 2,073,154 shares of the exchange traded fund’s stock worth $156,751,000 after purchasing an additional 72,135 shares during the last quarter. 79.80% of the stock is currently owned by institutional investors.

iShares MSCI EAFE ETF Stock Up 1.0 %

NYSEARCA:EFA opened at $84.43 on Friday. iShares MSCI EAFE ETF has a 12-month low of $73.91 and a 12-month high of $84.57. The firm has a market capitalization of $59.32 billion, a P/E ratio of 17.57 and a beta of 0.87. The stock’s fifty day simple moving average is $79.29 and its 200-day simple moving average is $79.85.

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.