SouthState Bank Corp Sells 5,908 Shares of iShares MSCI EAFE ETF $EFA

SouthState Bank Corp cut its stake in iShares MSCI EAFE ETF (NYSEARCA:EFA) by 16.7% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 29,509 shares of the exchange traded fund’s stock after selling 5,908 shares during the period. SouthState Bank Corp’s holdings in iShares MSCI EAFE ETF were worth $2,755,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently modified their holdings of EFA. TD Asset Management Inc raised its position in iShares MSCI EAFE ETF by 6.3% in the 2nd quarter. TD Asset Management Inc now owns 9,050,985 shares of the exchange traded fund’s stock valued at $809,068,000 after buying an additional 533,545 shares during the last quarter. PNC Financial Services Group Inc. grew its stake in shares of iShares MSCI EAFE ETF by 0.3% during the 2nd quarter. PNC Financial Services Group Inc. now owns 8,689,604 shares of the exchange traded fund’s stock worth $776,764,000 after acquiring an additional 28,965 shares in the last quarter. Envestnet Asset Management Inc. raised its holdings in shares of iShares MSCI EAFE ETF by 2.8% in the second quarter. Envestnet Asset Management Inc. now owns 6,415,811 shares of the exchange traded fund’s stock valued at $573,501,000 after purchasing an additional 176,415 shares during the last quarter. AlTi Global Inc. lifted its position in shares of iShares MSCI EAFE ETF by 1.1% in the second quarter. AlTi Global Inc. now owns 5,858,977 shares of the exchange traded fund’s stock worth $523,751,000 after purchasing an additional 61,599 shares in the last quarter. Finally, Corient Private Wealth LLC boosted its holdings in iShares MSCI EAFE ETF by 50.7% during the second quarter. Corient Private Wealth LLC now owns 5,768,279 shares of the exchange traded fund’s stock worth $504,181,000 after purchasing an additional 1,939,941 shares during the last quarter. Institutional investors and hedge funds own 79.80% of the company’s stock.

iShares MSCI EAFE ETF Trading Down 1.4%

Shares of EFA stock opened at $100.33 on Friday. The firm’s fifty day moving average price is $97.74 and its two-hundred day moving average price is $94.45. iShares MSCI EAFE ETF has a 1 year low of $72.14 and a 1 year high of $102.67. The firm has a market capitalization of $74.04 billion, a P/E ratio of 16.48 and a beta of 0.84.

About iShares MSCI EAFE ETF

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.