FineMark National Bank & Trust Increases Stake in iShares MSCI EAFE ETF (NYSEARCA:EFA)

FineMark National Bank & Trust increased its holdings in iShares MSCI EAFE ETF (NYSEARCA:EFA) by 3.8% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 426,667 shares of the exchange traded fund’s stock after acquiring an additional 15,462 shares during the quarter. iShares MSCI EAFE ETF makes up about 1.1% of FineMark National Bank & Trust’s investment portfolio, making the stock its 16th largest position. FineMark National Bank & Trust owned approximately 0.06% of iShares MSCI EAFE ETF worth $32,260,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Noble Wealth Management PBC purchased a new position in shares of iShares MSCI EAFE ETF in the 4th quarter valued at $1,353,000. Empowered Funds LLC purchased a new position in iShares MSCI EAFE ETF in the fourth quarter valued at about $79,000. Proficio Capital Partners LLC purchased a new stake in shares of iShares MSCI EAFE ETF during the fourth quarter valued at about $972,000. Baron Financial Group LLC boosted its holdings in shares of iShares MSCI EAFE ETF by 3.7% in the 4th quarter. Baron Financial Group LLC now owns 75,556 shares of the exchange traded fund’s stock valued at $5,713,000 after buying an additional 2,681 shares in the last quarter. Finally, Clientfirst Wealth Management LLC purchased a new position in shares of iShares MSCI EAFE ETF in the 4th quarter worth approximately $397,000. 79.80% of the stock is currently owned by institutional investors.

iShares MSCI EAFE ETF Stock Down 0.0 %

NYSEARCA:EFA opened at $83.65 on Tuesday. The stock has a market capitalization of $58.77 billion, a price-to-earnings ratio of 17.21 and a beta of 0.86. iShares MSCI EAFE ETF has a 52 week low of $73.91 and a 52 week high of $85.19. The firm has a 50 day moving average of $81.00 and a 200 day moving average of $79.93.

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.