PNC Financial Services Group Inc. Sells 192,398 Shares of iShares MSCI EAFE ETF $EFA

PNC Financial Services Group Inc. lessened its stake in iShares MSCI EAFE ETF (NYSEARCA:EFA) by 2.2% in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 8,497,206 shares of the exchange traded fund’s stock after selling 192,398 shares during the period. PNC Financial Services Group Inc.’s holdings in iShares MSCI EAFE ETF were worth $793,384,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in the company. Laurel Wealth Advisors LLC raised its holdings in iShares MSCI EAFE ETF by 8,818.3% in the 2nd quarter. Laurel Wealth Advisors LLC now owns 3,291,030 shares of the exchange traded fund’s stock valued at $294,185,000 after acquiring an additional 3,254,128 shares in the last quarter. State Board of Administration of Florida Retirement System acquired a new position in shares of iShares MSCI EAFE ETF in the second quarter valued at $209,353,000. Board of Trustees of The Leland Stanford Junior University raised its stake in shares of iShares MSCI EAFE ETF by 222.4% in the second quarter. Board of Trustees of The Leland Stanford Junior University now owns 3,346,434 shares of the exchange traded fund’s stock valued at $299,138,000 after purchasing an additional 2,308,580 shares in the last quarter. Bessemer Group Inc. lifted its position in iShares MSCI EAFE ETF by 3,057.6% in the second quarter. Bessemer Group Inc. now owns 2,368,703 shares of the exchange traded fund’s stock worth $211,738,000 after purchasing an additional 2,293,687 shares during the period. Finally, Corient Private Wealth LLC boosted its stake 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 buying an additional 1,939,941 shares in the last quarter. 79.80% of the stock is owned by institutional investors and hedge funds.

iShares MSCI EAFE ETF Stock Performance

Shares of EFA stock opened at $104.24 on Friday. The firm has a fifty day moving average of $98.78 and a 200-day moving average of $95.08. The stock has a market cap of $76.93 billion, a price-to-earnings ratio of 16.48 and a beta of 0.84. iShares MSCI EAFE ETF has a 52-week low of $72.14 and a 52-week high of $105.24.

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.