Citizens Business Bank Trims Holdings in iShares MSCI EAFE ETF (NYSEARCA:EFA)

Citizens Business Bank reduced its holdings in iShares MSCI EAFE ETF (NYSEARCA:EFA) by 4.1% during the third quarter, Holdings Channel.com reports. The institutional investor owned 91,039 shares of the exchange traded fund’s stock after selling 3,903 shares during the quarter. iShares MSCI EAFE ETF accounts for about 1.6% of Citizens Business Bank’s investment portfolio, making the stock its 17th largest holding. Citizens Business Bank’s holdings in iShares MSCI EAFE ETF were worth $7,614,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently made changes to their positions in the business. LGL Partners LLC grew its stake in iShares MSCI EAFE ETF by 2.1% in the second quarter. LGL Partners LLC now owns 149,078 shares of the exchange traded fund’s stock worth $11,677,000 after purchasing an additional 3,036 shares during the period. Gemmer Asset Management LLC increased its stake in shares of iShares MSCI EAFE ETF by 0.3% in the 3rd quarter. Gemmer Asset Management LLC now owns 49,571 shares of the exchange traded fund’s stock worth $4,146,000 after acquiring an additional 155 shares in the last quarter. Private Wealth Advisors LLC lifted its position in iShares MSCI EAFE ETF by 2.3% during the 3rd quarter. Private Wealth Advisors LLC now owns 27,828 shares of the exchange traded fund’s stock valued at $2,310,000 after acquiring an additional 616 shares during the period. International Assets Investment Management LLC boosted its stake in iShares MSCI EAFE ETF by 6,217.5% during the third quarter. International Assets Investment Management LLC now owns 456,563 shares of the exchange traded fund’s stock worth $38,182,000 after acquiring an additional 449,336 shares in the last quarter. Finally, Summit Trail Advisors LLC increased its stake in shares of iShares MSCI EAFE ETF by 21.6% during the third quarter. Summit Trail Advisors LLC now owns 341,991 shares of the exchange traded fund’s stock valued at $28,601,000 after purchasing an additional 60,685 shares in the last quarter. 79.80% of the stock is owned by hedge funds and other institutional investors.

iShares MSCI EAFE ETF Trading Down 0.9 %

EFA stock opened at $79.32 on Wednesday. The firm has a 50 day moving average price of $79.85 and a 200-day moving average price of $80.12. iShares MSCI EAFE ETF has a 52-week low of $72.58 and a 52-week high of $84.56.

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.