Mechanics Bank Trust Department Lowers Stock Position in iShares MSCI EAFE ETF $EFA

Mechanics Bank Trust Department decreased its holdings in shares of iShares MSCI EAFE ETF (NYSEARCA:EFA) by 11.6% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 7,636 shares of the exchange traded fund’s stock after selling 1,000 shares during the period. Mechanics Bank Trust Department’s holdings in iShares MSCI EAFE ETF were worth $683,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of EFA. Armstrong Advisory Group Inc. boosted its stake in shares of iShares MSCI EAFE ETF by 217.3% in the second quarter. Armstrong Advisory Group Inc. now owns 2,716 shares of the exchange traded fund’s stock valued at $243,000 after buying an additional 1,860 shares in the last quarter. U.S. Capital Wealth Advisors LLC lifted its holdings in iShares MSCI EAFE ETF by 5.8% in the second quarter. U.S. Capital Wealth Advisors LLC now owns 32,382 shares of the exchange traded fund’s stock valued at $2,895,000 after acquiring an additional 1,786 shares during the period. LCM Capital Management Inc boosted its position in shares of iShares MSCI EAFE ETF by 1.8% during the 2nd quarter. LCM Capital Management Inc now owns 77,959 shares of the exchange traded fund’s stock worth $6,969,000 after purchasing an additional 1,352 shares in the last quarter. Farmers & Merchants Investments Inc. boosted its position in shares of iShares MSCI EAFE ETF by 2.7% during the 2nd quarter. Farmers & Merchants Investments Inc. now owns 45,432 shares of the exchange traded fund’s stock worth $4,061,000 after purchasing an additional 1,184 shares in the last quarter. Finally, Flagstar Advisors Inc. grew its stake in shares of iShares MSCI EAFE ETF by 0.6% during the 2nd quarter. Flagstar Advisors Inc. now owns 73,214 shares of the exchange traded fund’s stock worth $6,545,000 after purchasing an additional 444 shares during the period. 79.80% of the stock is owned by institutional investors and hedge funds.

iShares MSCI EAFE ETF Stock Up 0.3%

Shares of EFA opened at $93.30 on Tuesday. iShares MSCI EAFE ETF has a 52-week low of $72.14 and a 52-week high of $93.77. The company has a 50-day simple moving average of $90.98 and a 200-day simple moving average of $87.25. The company has a market capitalization of $67.29 billion, a PE ratio of 16.48 and a beta of 0.86.

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.