Fifth Third Bancorp Trims Stake in iShares MSCI EAFE ETF $EFA

Fifth Third Bancorp lowered its position in iShares MSCI EAFE ETF (NYSEARCA:EFA) by 2.0% during the 4th quarter, HoldingsChannel reports. The firm owned 1,186,474 shares of the exchange traded fund’s stock after selling 24,206 shares during the period. Fifth Third Bancorp’s holdings in iShares MSCI EAFE ETF were worth $113,937,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in EFA. MMA Asset Management LLC bought a new position in iShares MSCI EAFE ETF in the 3rd quarter worth about $34,000. Pflug Koory LLC raised its holdings in shares of 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 valued at $35,000 after acquiring an additional 149 shares in the last quarter. Versant Capital Management Inc bought a new stake in shares of iShares MSCI EAFE ETF during the 3rd quarter valued at about $37,000. GoalVest Advisory LLC boosted its position in shares of iShares MSCI EAFE ETF by 106.4% during the 4th quarter. GoalVest Advisory LLC now owns 388 shares of the exchange traded fund’s stock valued at $37,000 after acquiring an additional 200 shares during the last quarter. Finally, Toth Financial Advisory Corp purchased a new position in shares of iShares MSCI EAFE ETF during the fourth quarter worth about $41,000. Hedge funds and other institutional investors own 79.80% of the company’s stock.

iShares MSCI EAFE ETF Trading Up 2.4%

EFA stock opened at $102.32 on Friday. The company’s 50 day moving average is $100.09 and its 200 day moving average is $98.20. The stock has a market cap of $75.51 billion, a price-to-earnings ratio of 16.48 and a beta of 0.80. iShares MSCI EAFE ETF has a 1-year low of $84.36 and a 1-year high of $105.94.

iShares MSCI EAFE ETF 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.