Arbor Trust Wealth Advisors LLC Purchases 3,578 Shares of iShares MSCI EAFE ETF (NYSEARCA:EFA)

Arbor Trust Wealth Advisors LLC boosted its position in iShares MSCI EAFE ETF (NYSEARCA:EFA) by 5.5% during the fourth quarter, HoldingsChannel reports. The fund owned 68,928 shares of the exchange traded fund’s stock after buying an additional 3,578 shares during the quarter. iShares MSCI EAFE ETF comprises 3.1% of Arbor Trust Wealth Advisors LLC’s holdings, making the stock its 11th biggest position. Arbor Trust Wealth Advisors LLC’s holdings in iShares MSCI EAFE ETF were worth $5,197,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in EFA. Financial Freedom LLC purchased a new position in shares of iShares MSCI EAFE ETF during the fourth quarter worth about $28,000. Sawyer & Company Inc purchased a new stake in iShares MSCI EAFE ETF in the third quarter worth approximately $33,000. ICA Group Wealth Management LLC purchased a new stake in shares of iShares MSCI EAFE ETF during the fourth quarter valued at approximately $34,000. BluePath Capital Management LLC purchased a new stake in shares of iShares MSCI EAFE ETF during the third quarter valued at approximately $37,000. Finally, Valued Wealth Advisors LLC purchased a new stake in shares of iShares MSCI EAFE ETF during the fourth quarter valued at approximately $37,000. 79.80% of the stock is currently owned by institutional investors.

iShares MSCI EAFE ETF Stock Performance

EFA stock traded down $0.74 on Tuesday, reaching $76.27. The company’s stock had a trading volume of 24,161,107 shares, compared to its average volume of 15,286,813. The business has a fifty day simple moving average of $77.95 and a two-hundred day simple moving average of $73.98. iShares MSCI EAFE ETF has a 12-month low of $65.68 and a 12-month high of $80.06.

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.