iShares MSCI EAFE ETF (NYSEARCA:EFA) Shares Sold by Independence Bank of Kentucky

Independence Bank of Kentucky decreased its position in iShares MSCI EAFE ETF (NYSEARCA:EFA) by 7.3% in the first quarter, HoldingsChannel.com reports. The fund owned 88,898 shares of the exchange traded fund’s stock after selling 7,000 shares during the period. iShares MSCI EAFE ETF comprises approximately 1.1% of Independence Bank of Kentucky’s investment portfolio, making the stock its 15th biggest holding. Independence Bank of Kentucky’s holdings in iShares MSCI EAFE ETF were worth $7,266,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Noble Wealth Management PBC purchased a new position in shares of iShares MSCI EAFE ETF during the fourth quarter worth $1,353,000. Empowered Funds LLC acquired a new stake in iShares MSCI EAFE ETF during the 4th quarter worth about $79,000. Leigh Baldwin & CO. LLC purchased a new position in shares of iShares MSCI EAFE ETF during the 4th quarter valued at about $56,650,000. Investor s Fiduciary Advisor Network LLC acquired a new position in shares of iShares MSCI EAFE ETF in the 4th quarter valued at about $282,000. Finally, Proficio Capital Partners LLC purchased a new stake in shares of iShares MSCI EAFE ETF in the fourth quarter worth about $972,000. Institutional investors and hedge funds own 79.80% of the company’s stock.

iShares MSCI EAFE ETF Stock Up 0.4%

iShares MSCI EAFE ETF stock opened at $89.74 on Friday. The business’s 50-day moving average price is $84.10 and its 200 day moving average price is $81.13. The firm has a market cap of $63.05 billion, a price-to-earnings ratio of 16.35 and a beta of 0.83. iShares MSCI EAFE ETF has a 52 week low of $72.15 and a 52 week high of $89.86.

iShares MSCI EAFE ETF Company 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.