Patton Fund Management Inc. Has $15.84 Million Stock Position in iShares MSCI EAFE ETF $EFA

Patton Fund Management Inc. trimmed its stake in iShares MSCI EAFE ETF (NYSEARCA:EFA) by 3.5% in the 1st quarter, HoldingsChannel reports. The firm owned 163,040 shares of the exchange traded fund’s stock after selling 5,836 shares during the period. iShares MSCI EAFE ETF makes up 2.7% of Patton Fund Management Inc.’s portfolio, making the stock its 7th largest holding. Patton Fund Management Inc.’s holdings in iShares MSCI EAFE ETF were worth $15,836,000 as of its most recent SEC filing.

A number of other institutional investors also recently bought and sold shares of the stock. Horizon Investments LLC increased its position in iShares MSCI EAFE ETF by 2,520.0% in the fourth quarter. Horizon Investments LLC now owns 262 shares of the exchange traded fund’s stock worth $25,000 after buying an additional 252 shares in the last quarter. Hilton Head Capital Partners LLC purchased a new position in shares of iShares MSCI EAFE ETF during the 4th quarter valued at about $26,000. Atlas Capital Advisors Inc. bought a new position in shares of iShares MSCI EAFE ETF during the 4th quarter valued at approximately $29,000. GoalVest Advisory LLC grew its stake 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 period. Finally, GeoWealth Management LLC bought a new position in shares of iShares MSCI EAFE ETF during the 4th quarter valued at approximately $37,000. 79.80% of the stock is owned by institutional investors.

iShares MSCI EAFE ETF Stock Performance

iShares MSCI EAFE ETF stock opened at $102.54 on Monday. The firm has a 50 day moving average of $103.31 and a 200 day moving average of $100.76. The firm has a market capitalization of $75.67 billion, a price-to-earnings ratio of 16.48 and a beta of 0.78. iShares MSCI EAFE ETF has a 12-month low of $86.74 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.