Canandaigua National Bank & Trust Co. Makes New $17.46 Million Investment in iShares MSCI EAFE ETF $EFA

Canandaigua National Bank & Trust Co. acquired a new stake in shares of iShares MSCI EAFE ETF (NYSEARCA:EFA) during the 2nd quarter, HoldingsChannel.com reports. The fund acquired 168,040 shares of the exchange traded fund’s stock, valued at approximately $17,456,000. iShares MSCI EAFE ETF comprises approximately 1.5% of Canandaigua National Bank & Trust Co.’s portfolio, making the stock its 12th largest position.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the company. Brighton Jones LLC lifted its stake in shares of iShares MSCI EAFE ETF by 5.3% in the 4th quarter. Brighton Jones LLC now owns 236,460 shares of the exchange traded fund’s stock valued at $17,879,000 after purchasing an additional 11,902 shares during the period. Revolve Wealth Partners LLC purchased a new stake in iShares MSCI EAFE ETF in the fourth quarter worth $629,000. First Trust Advisors LP grew its stake in iShares MSCI EAFE ETF by 13.4% in the second quarter. First Trust Advisors LP now owns 3,190 shares of the exchange traded fund’s stock worth $285,000 after purchasing an additional 377 shares during the period. NewEdge Advisors LLC raised its holdings in iShares MSCI EAFE ETF by 21.5% in the second quarter. NewEdge Advisors LLC now owns 115,897 shares of the exchange traded fund’s stock worth $10,360,000 after purchasing an additional 20,528 shares in the last quarter. Finally, Sei Investments Co. raised its holdings in iShares MSCI EAFE ETF by 6.1% in the second quarter. Sei Investments Co. now owns 75,960 shares of the exchange traded fund’s stock worth $6,790,000 after purchasing an additional 4,348 shares in the last quarter. Hedge funds and other institutional investors own 79.80% of the company’s stock.

iShares MSCI EAFE ETF Trading Up 1.2%

Shares of iShares MSCI EAFE ETF stock opened at $107.32 on Wednesday. iShares MSCI EAFE ETF has a 12 month low of $88.17 and a 12 month high of $107.47. The firm has a market capitalization of $79.33 billion, a P/E ratio of 16.48 and a beta of 0.78. The business has a fifty day simple moving average of $104.02 and a two-hundred day simple moving average of $102.16.

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. The Index includes stocks from Europe, Australasia and the Far East. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.