iShares MSCI EAFE ETF (NYSEARCA:EFA) Shares Purchased by Penobscot Investment Management Company Inc.

Penobscot Investment Management Company Inc. boosted its holdings in iShares MSCI EAFE ETF (NYSEARCA:EFA) by 15.3% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 30,919 shares of the exchange traded fund’s stock after acquiring an additional 4,108 shares during the period. Penobscot Investment Management Company Inc.’s holdings in iShares MSCI EAFE ETF were worth $2,330,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently added to or reduced their stakes in the company. Sawyer & Company Inc acquired a new stake in shares of iShares MSCI EAFE ETF during the 3rd quarter worth about $33,000. Bear Mountain Capital Inc. acquired a new stake in shares of iShares MSCI EAFE ETF in the fourth quarter worth approximately $37,000. Valued Wealth Advisors LLC acquired a new stake in shares of iShares MSCI EAFE ETF in the fourth quarter worth approximately $37,000. BluePath Capital Management LLC acquired a new stake in shares of iShares MSCI EAFE ETF in the third quarter worth approximately $37,000. Finally, Bfsg LLC acquired a new stake in shares of iShares MSCI EAFE ETF in the fourth quarter worth approximately $41,000. 79.80% of the stock is owned by institutional investors and hedge funds.

iShares MSCI EAFE ETF Price Performance

Shares of EFA traded down $0.78 during mid-day trading on Tuesday, hitting $77.48. The company had a trading volume of 9,140,177 shares, compared to its average volume of 14,990,489. The business’s 50-day simple moving average is $78.30 and its 200-day simple moving average is $74.60. iShares MSCI EAFE ETF has a 1-year low of $65.68 and a 1-year 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.