M&T Bank Corp lessened its position in shares of iShares MSCI EAFE ETF (NYSEARCA:EFA – Free Report) by 18.2% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,627,985 shares of the exchange traded fund’s stock after selling 363,132 shares during the period. M&T Bank Corp owned approximately 0.23% of iShares MSCI EAFE ETF worth $152,005,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds also recently made changes to their positions in EFA. Northwestern Mutual Investment Management Company LLC lifted its holdings in iShares MSCI EAFE ETF by 1.6% during the 3rd quarter. Northwestern Mutual Investment Management Company LLC now owns 13,813,864 shares of the exchange traded fund’s stock worth $1,289,800,000 after purchasing an additional 211,523 shares during the last quarter. AlTi Global Inc. grew its holdings in iShares MSCI EAFE ETF by 2.4% in the 3rd quarter. AlTi Global Inc. now owns 6,000,422 shares of the exchange traded fund’s stock valued at $560,259,000 after buying an additional 141,445 shares in the last quarter. Corient Private Wealth LLC grew its holdings in iShares MSCI EAFE ETF by 50.7% in the 2nd quarter. Corient Private Wealth LLC now owns 5,768,279 shares of the exchange traded fund’s stock valued at $504,181,000 after buying an additional 1,939,941 shares in the last quarter. Causeway Capital Management LLC increased its position in iShares MSCI EAFE ETF by 70,110.5% during the 3rd quarter. Causeway Capital Management LLC now owns 4,959,667 shares of the exchange traded fund’s stock worth $463,084,000 after buying an additional 4,952,603 shares during the period. Finally, Bessemer Group Inc. increased its position in iShares MSCI EAFE ETF by 87.0% during the 3rd quarter. Bessemer Group Inc. now owns 4,430,239 shares of the exchange traded fund’s stock worth $413,652,000 after buying an additional 2,061,536 shares during the period. Institutional investors and hedge funds own 79.80% of the company’s stock.
iShares MSCI EAFE ETF Stock Performance
EFA opened at $96.30 on Friday. The stock has a fifty day moving average of $101.19 and a 200-day moving average of $96.64. The company has a market capitalization of $71.07 billion, a P/E ratio of 16.48 and a beta of 0.84. iShares MSCI EAFE ETF has a fifty-two week low of $72.14 and a fifty-two week high of $105.94.
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.
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