Penobscot Investment Management Company Inc. Decreases Stock Position in iShares MSCI EAFE ETF (NYSEARCA:EFA)

Penobscot Investment Management Company Inc. trimmed its holdings in shares of iShares MSCI EAFE ETF (NYSEARCA:EFA) by 5.4% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund 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 quarter.

A number of other institutional investors and hedge funds have also modified their holdings of EFA. Murphy & Mullick Capital Management Corp purchased a new position in shares of iShares MSCI EAFE ETF during the fourth quarter valued at approximately $36,000. Potentia Wealth purchased a new stake in iShares MSCI EAFE ETF during the 4th quarter valued at $630,000. PKS Advisory Services LLC bought a new position in shares of iShares MSCI EAFE ETF during the 4th quarter valued at $776,000. First American Trust FSB boosted its stake in shares of iShares MSCI EAFE ETF by 12.8% in the 4th quarter. First American Trust FSB now owns 11,991 shares of the exchange traded fund’s stock worth $907,000 after buying an additional 1,363 shares during the last quarter. Finally, Zions Bancorporation N.A. grew its holdings in shares of iShares MSCI EAFE ETF by 34.2% in the fourth quarter. Zions Bancorporation N.A. now owns 7,650 shares of the exchange traded fund’s stock worth $578,000 after acquiring an additional 1,950 shares during the period. Institutional investors own 79.80% of the company’s stock.

iShares MSCI EAFE ETF Stock Performance

EFA stock opened at $84.11 on Wednesday. The company has a market cap of $59.10 billion, a price-to-earnings ratio of 17.21 and a beta of 0.86. The business’s 50-day moving average is $81.18 and its two-hundred day moving average is $79.96. iShares MSCI EAFE ETF has a fifty-two week low of $73.91 and a fifty-two week high of $85.19.

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.