Montecito Bank & Trust Sells 2,201 Shares of iShares MSCI EAFE ETF (NYSEARCA:EFA)

Montecito Bank & Trust lowered its position in iShares MSCI EAFE ETF (NYSEARCA:EFA) by 7.5% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 26,962 shares of the exchange traded fund’s stock after selling 2,201 shares during the period. Montecito Bank & Trust’s holdings in iShares MSCI EAFE ETF were worth $2,255,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also modified their holdings of the company. Advisory Services Network LLC boosted its stake in iShares MSCI EAFE ETF by 18.6% in the first quarter. Advisory Services Network LLC now owns 47,098 shares of the exchange traded fund’s stock worth $3,761,000 after purchasing an additional 7,381 shares in the last quarter. MGB Wealth Management LLC bought a new position in shares of iShares MSCI EAFE ETF in the first quarter valued at about $85,000. HBC Financial Services PLLC lifted its position in iShares MSCI EAFE ETF by 14.7% during the 1st quarter. HBC Financial Services PLLC now owns 3,930 shares of the exchange traded fund’s stock worth $303,000 after buying an additional 504 shares in the last quarter. Motive Wealth Advisors bought a new stake in iShares MSCI EAFE ETF during the 1st quarter worth about $267,000. Finally, Empowered Funds LLC bought a new stake in iShares MSCI EAFE ETF during the 1st quarter worth about $757,000. 79.80% of the stock is owned by institutional investors and hedge funds.

iShares MSCI EAFE ETF Stock Down 1.4 %

Shares of NYSEARCA EFA opened at $79.09 on Thursday. iShares MSCI EAFE ETF has a 1-year low of $68.26 and a 1-year high of $84.56. The company has a 50-day moving average of $81.53 and a two-hundred day moving average of $80.28.

iShares MSCI EAFE ETF 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.