Arvest Bank Trust Division Decreases Holdings in iShares MSCI EAFE ETF $EFA

Arvest Bank Trust Division lowered its stake in shares of iShares MSCI EAFE ETF (NYSEARCA:EFA) by 2.9% during the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 1,347,655 shares of the exchange traded fund’s stock after selling 40,261 shares during the period. iShares MSCI EAFE ETF accounts for 7.0% of Arvest Bank Trust Division’s portfolio, making the stock its 2nd largest position. Arvest Bank Trust Division’s holdings in iShares MSCI EAFE ETF were worth $125,831,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in the company. Pineridge Advisors LLC purchased a new stake in iShares MSCI EAFE ETF during the second quarter valued at about $25,000. Addison Advisors LLC boosted its holdings in iShares MSCI EAFE ETF by 56.6% during the 2nd quarter. Addison Advisors LLC now owns 379 shares of the exchange traded fund’s stock valued at $34,000 after acquiring an additional 137 shares during the period. MMA Asset Management LLC bought a new position in iShares MSCI EAFE ETF during the 3rd quarter worth approximately $34,000. Pflug Koory LLC increased its stake in iShares MSCI EAFE ETF by 65.9% in the 3rd quarter. Pflug Koory LLC now owns 375 shares of the exchange traded fund’s stock worth $35,000 after purchasing an additional 149 shares during the period. Finally, Versant Capital Management Inc bought a new stake in iShares MSCI EAFE ETF in the third quarter valued at approximately $37,000. Institutional investors own 79.80% of the company’s stock.

iShares MSCI EAFE ETF Trading Up 0.1%

EFA stock opened at $104.24 on Tuesday. The stock has a market capitalization of $76.93 billion, a price-to-earnings ratio of 16.48 and a beta of 0.84. The firm’s 50-day moving average price is $98.96 and its two-hundred day moving average price is $95.24. iShares MSCI EAFE ETF has a 12-month low of $72.14 and a 12-month high of $105.24.

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.