M&T Bank Corp Sells 18,861 Shares of iShares MSCI EAFE ETF $EFA

M&T Bank Corp reduced its position in shares of iShares MSCI EAFE ETF (NYSEARCA:EFA) by 0.9% in the 2nd quarter, HoldingsChannel.com reports. The firm owned 1,991,117 shares of the exchange traded fund’s stock after selling 18,861 shares during the quarter. M&T Bank Corp’s holdings in iShares MSCI EAFE ETF were worth $177,986,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in EFA. Pineridge Advisors LLC acquired a new stake in shares of iShares MSCI EAFE ETF during the second quarter worth $25,000. Addison Advisors LLC increased its position in iShares MSCI EAFE ETF by 56.6% during the second quarter. Addison Advisors LLC now owns 379 shares of the exchange traded fund’s stock worth $34,000 after acquiring an additional 137 shares during the period. Elequin Capital LP raised its stake in iShares MSCI EAFE ETF by 44.7% in the 1st quarter. Elequin Capital LP now owns 447 shares of the exchange traded fund’s stock worth $37,000 after purchasing an additional 138 shares in the last quarter. Angeles Investment Advisors LLC bought a new stake in iShares MSCI EAFE ETF in the 2nd quarter valued at about $39,000. Finally, Howe & Rusling Inc. grew its position in shares of iShares MSCI EAFE ETF by 99.2% during the 1st quarter. Howe & Rusling Inc. now owns 743 shares of the exchange traded fund’s stock worth $61,000 after purchasing an additional 370 shares in the last quarter. 79.80% of the stock is owned by institutional investors and hedge funds.

iShares MSCI EAFE ETF Trading Down 0.5%

Shares of EFA opened at $94.72 on Tuesday. iShares MSCI EAFE ETF has a 12 month low of $72.14 and a 12 month high of $96.69. The firm’s 50 day moving average is $94.17 and its 200-day moving average is $91.43. The stock has a market capitalization of $68.31 billion, a PE ratio of 16.48 and a beta of 0.84.

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.