Arcadia Investment Management Corp MI Sells 12,250 Shares of iShares MSCI EAFE ETF $EFA

Arcadia Investment Management Corp MI lessened its stake in iShares MSCI EAFE ETF (NYSEARCA:EFA) by 32.2% in the 4th quarter, HoldingsChannel.com reports. The firm owned 25,828 shares of the exchange traded fund’s stock after selling 12,250 shares during the period. Arcadia Investment Management Corp MI’s holdings in iShares MSCI EAFE ETF were worth $2,480,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. Colton Groome Financial Advisors LLC raised its position in shares of iShares MSCI EAFE ETF by 7.9% during the 4th quarter. Colton Groome Financial Advisors LLC now owns 277,899 shares of the exchange traded fund’s stock valued at $26,687,000 after acquiring an additional 20,283 shares during the last quarter. JMG Financial Group Ltd. lifted its stake in shares of iShares MSCI EAFE ETF by 4.3% in the fourth quarter. JMG Financial Group Ltd. now owns 43,803 shares of the exchange traded fund’s stock worth $4,206,000 after acquiring an additional 1,805 shares during the period. Peapack Gladstone Financial Corp increased its position in shares of iShares MSCI EAFE ETF by 0.8% during the fourth quarter. Peapack Gladstone Financial Corp now owns 73,553 shares of the exchange traded fund’s stock worth $7,063,000 after buying an additional 583 shares during the period. Florida Financial Advisors LLC lifted its holdings in iShares MSCI EAFE ETF by 4.8% in the fourth quarter. Florida Financial Advisors LLC now owns 5,488 shares of the exchange traded fund’s stock valued at $527,000 after buying an additional 253 shares during the period. Finally, Lcnb Corp boosted its position in iShares MSCI EAFE ETF by 17.7% during the fourth quarter. Lcnb Corp now owns 11,284 shares of the exchange traded fund’s stock valued at $1,084,000 after acquiring an additional 1,700 shares during the last quarter. Institutional investors own 79.80% of the company’s stock.

iShares MSCI EAFE ETF Price Performance

Shares of NYSEARCA EFA opened at $104.80 on Monday. The firm has a market cap of $77.34 billion, a PE ratio of 16.48 and a beta of 0.78. The company’s fifty day simple moving average is $101.14 and its 200 day simple moving average is $99.47. iShares MSCI EAFE ETF has a 12-month low of $85.68 and a 12-month high of $105.94.

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.