White Pine Capital LLC Lowers Stake in iShares MSCI EAFE ETF (NYSEARCA:EFA)

White Pine Capital LLC trimmed its stake in iShares MSCI EAFE ETF (NYSEARCA:EFA) by 5.4% in the fourth quarter, Holdings Channel.com reports. The firm owned 30,837 shares of the exchange traded fund’s stock after selling 1,745 shares during the quarter. iShares MSCI EAFE ETF comprises about 0.9% of White Pine Capital LLC’s portfolio, making the stock its 26th largest position. White Pine Capital LLC’s holdings in iShares MSCI EAFE ETF were worth $2,324,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of EFA. Sawyer & Company Inc purchased a new stake in iShares MSCI EAFE ETF in the third quarter valued at approximately $33,000. BluePath Capital Management LLC purchased a new stake in iShares MSCI EAFE ETF in the third quarter valued at approximately $37,000. Valued Wealth Advisors LLC purchased a new stake in iShares MSCI EAFE ETF in the fourth quarter valued at approximately $37,000. Bear Mountain Capital Inc. purchased a new stake in iShares MSCI EAFE ETF in the fourth quarter valued at approximately $37,000. Finally, Bfsg LLC purchased a new stake in iShares MSCI EAFE ETF in the fourth quarter valued at approximately $41,000. 79.80% of the stock is currently owned by hedge funds and other institutional investors.

iShares MSCI EAFE ETF Trading Up 0.8 %

EFA stock traded up $0.62 during midday trading on Friday, reaching $77.96. 12,676,407 shares of the company’s stock traded hands, compared to its average volume of 15,409,162. iShares MSCI EAFE ETF has a fifty-two week low of $65.68 and a fifty-two week high of $80.06. The business has a 50-day moving average price of $78.25 and a two-hundred day moving average price of $74.46.

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.