First Bancorp Inc ME Buys New Shares in iShares MSCI EAFE ETF $EFA

First Bancorp Inc ME bought a new position in shares of iShares MSCI EAFE ETF (NYSEARCA:EFA) in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund bought 36,712 shares of the exchange traded fund’s stock, valued at approximately $3,814,000. iShares MSCI EAFE ETF makes up about 1.5% of First Bancorp Inc ME’s investment portfolio, making the stock its 13th biggest position.

A number of other hedge funds also recently bought and sold shares of the stock. Horizon Investments LLC increased its position in shares of iShares MSCI EAFE ETF by 2,520.0% in the 4th quarter. Horizon Investments LLC now owns 262 shares of the exchange traded fund’s stock valued at $25,000 after purchasing an additional 252 shares during the last quarter. Hilton Head Capital Partners LLC purchased a new stake in shares of iShares MSCI EAFE ETF during the 4th quarter worth $26,000. Atlas Capital Advisors Inc. acquired a new position in shares of iShares MSCI EAFE ETF during the fourth quarter worth $29,000. Scarborough Advisors LLC purchased a new position in iShares MSCI EAFE ETF in the first quarter valued at $33,000. Finally, GeoWealth Management LLC acquired a new stake in iShares MSCI EAFE ETF in the fourth quarter valued at $37,000. Institutional investors and hedge funds own 79.80% of the company’s stock.

iShares MSCI EAFE ETF Stock Performance

NYSEARCA:EFA opened at $108.81 on Wednesday. iShares MSCI EAFE ETF has a 1 year low of $90.04 and a 1 year high of $108.89. The stock has a market cap of $80.43 billion, a P/E ratio of 16.48 and a beta of 0.78. The stock has a 50-day simple moving average of $105.23 and a 200-day simple moving average of $102.98.

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.