First United Bank & Trust Trims Stock Holdings in iShares MSCI EAFE ETF (NYSEARCA:EFA)

First United Bank & Trust reduced its stake in shares of iShares MSCI EAFE ETF (NYSEARCA:EFA) by 22.1% during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 530 shares of the exchange traded fund’s stock after selling 150 shares during the period. First United Bank & Trust’s holdings in iShares MSCI EAFE ETF were worth $43,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. AllSquare Wealth Management LLC increased its stake in shares of iShares MSCI EAFE ETF by 92.7% in the fourth quarter. AllSquare Wealth Management LLC now owns 395 shares of the exchange traded fund’s stock worth $30,000 after purchasing an additional 190 shares in the last quarter. Parkworth Wealth Management Inc. bought a new position in iShares MSCI EAFE ETF in the 4th quarter worth $32,000. Park Square Financial Group LLC purchased a new stake in iShares MSCI EAFE ETF in the 4th quarter worth $33,000. Murphy & Mullick Capital Management Corp bought a new stake in iShares MSCI EAFE ETF during the fourth quarter valued at about $36,000. Finally, Mpwm Advisory Solutions LLC purchased a new position in shares of iShares MSCI EAFE ETF in the fourth quarter valued at about $36,000. 79.80% of the stock is currently owned by institutional investors.

iShares MSCI EAFE ETF Trading Up 0.8%

Shares of EFA opened at $90.39 on Friday. The business’s 50 day moving average is $85.08 and its 200 day moving average is $81.48. iShares MSCI EAFE ETF has a 12-month low of $72.15 and a 12-month high of $90.51. The company has a market capitalization of $63.51 billion, a PE ratio of 16.35 and a beta of 0.83.

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.