Mechanics Financial Corp Has $14.77 Million Stock Position in iShares MSCI EAFE ETF (NYSEARCA:EFA)

Mechanics Financial Corp boosted its holdings in iShares MSCI EAFE ETF (NYSEARCA:EFA) by 0.4% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 196,072 shares of the exchange traded fund’s stock after purchasing an additional 712 shares during the period. iShares MSCI EAFE ETF comprises 8.3% of Mechanics Financial Corp’s holdings, making the stock its 2nd largest position. Mechanics Financial Corp’s holdings in iShares MSCI EAFE ETF were worth $14,774,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. FMR LLC raised its holdings in shares of iShares MSCI EAFE ETF by 1.1% in the 3rd quarter. FMR LLC now owns 10,227,748 shares of the exchange traded fund’s stock worth $704,896,000 after purchasing an additional 110,166 shares during the period. Causeway Capital Management LLC purchased a new position in shares of iShares MSCI EAFE ETF during the 3rd quarter valued at $330,123,000. Pathstone Family Office LLC grew its stake in shares of iShares MSCI EAFE ETF by 1,261.7% during the 3rd quarter. Pathstone Family Office LLC now owns 3,863,471 shares of the exchange traded fund’s stock worth $266,270,000 after acquiring an additional 3,579,752 shares during the period. SG Americas Securities LLC raised its stake in iShares MSCI EAFE ETF by 11.9% in the 4th quarter. SG Americas Securities LLC now owns 3,596,665 shares of the exchange traded fund’s stock valued at $271,009,000 after acquiring an additional 382,848 shares during the period. Finally, Truist Financial Corp raised its stake in iShares MSCI EAFE ETF by 4.1% in the 4th quarter. Truist Financial Corp now owns 3,569,039 shares of the exchange traded fund’s stock valued at $268,927,000 after acquiring an additional 142,039 shares during the period. Institutional investors own 79.80% of the company’s stock.

iShares MSCI EAFE ETF Price Performance

NYSEARCA:EFA traded up $0.72 on Thursday, reaching $77.82. 7,220,911 shares of the company’s stock were exchanged, compared to its average volume of 15,051,785. The stock has a fifty day simple moving average of $78.33 and a 200-day simple moving average of $74.68. iShares MSCI EAFE ETF has a 52 week low of $65.68 and a 52 week high of $80.06.

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.