City Holding Co. Lowers Stock Position in iShares MSCI EAFE ETF $EFA

City Holding Co. cut its stake in shares of iShares MSCI EAFE ETF (NYSEARCA:EFA) by 13.5% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 70,747 shares of the exchange traded fund’s stock after selling 11,000 shares during the quarter. City Holding Co.’s holdings in iShares MSCI EAFE ETF were worth $7,349,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in EFA. Northwestern Mutual Wealth Management Co. raised its stake in iShares MSCI EAFE ETF by 359.5% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 11,306,948 shares of the exchange traded fund’s stock worth $1,085,806,000 after acquiring an additional 8,846,240 shares during the period. Morgan Stanley boosted its position in shares of iShares MSCI EAFE ETF by 15.5% in the fourth quarter. Morgan Stanley now owns 31,617,599 shares of the exchange traded fund’s stock worth $3,036,238,000 after purchasing an additional 4,244,605 shares during the period. Bank of America Corp DE boosted its position in shares of iShares MSCI EAFE ETF by 9.5% in the fourth quarter. Bank of America Corp DE now owns 40,215,965 shares of the exchange traded fund’s stock worth $3,861,939,000 after purchasing an additional 3,481,849 shares during the period. Fifth Third Bancorp increased its stake in shares of iShares MSCI EAFE ETF by 214.8% in the first quarter. Fifth Third Bancorp now owns 3,734,895 shares of the exchange traded fund’s stock worth $362,770,000 after purchasing an additional 2,548,421 shares in the last quarter. Finally, Valpey Financial Services LLC increased its stake in shares of iShares MSCI EAFE ETF by 9,468.5% in the fourth quarter. Valpey Financial Services LLC now owns 2,091,588 shares of the exchange traded fund’s stock worth $200,855,000 after purchasing an additional 2,069,729 shares in the last quarter. 79.80% of the stock is owned by hedge funds and other institutional investors.

iShares MSCI EAFE ETF Price Performance

Shares of EFA stock opened at $108.01 on Tuesday. iShares MSCI EAFE ETF has a one year low of $89.88 and a one year high of $108.76. The company’s fifty day moving average price is $104.27 and its 200-day moving average price is $102.41. The company has a market capitalization of $79.84 billion, a price-to-earnings ratio of 16.48 and a beta of 0.78.

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.