Bank of New York Mellon Corp Cuts Stock Holdings in iShares MSCI EAFE ETF (NYSEARCA:EFA)

Bank of New York Mellon Corp cut its position in shares of iShares MSCI EAFE ETF (NYSEARCA:EFA) by 1.0% during the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 7,346,821 shares of the exchange traded fund’s stock after selling 74,126 shares during the period. Bank of New York Mellon Corp owned 1.07% of iShares MSCI EAFE ETF worth $575,476,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in EFA. JPMorgan Chase & Co. increased its stake in shares of iShares MSCI EAFE ETF by 17.6% in the 1st quarter. JPMorgan Chase & Co. now owns 27,440,338 shares of the exchange traded fund’s stock valued at $2,191,386,000 after purchasing an additional 4,116,234 shares in the last quarter. TD Asset Management Inc raised its stake in shares of iShares MSCI EAFE ETF by 62.3% during the 4th quarter. TD Asset Management Inc now owns 5,695,838 shares of the exchange traded fund’s stock worth $429,181,000 after buying an additional 2,186,324 shares during the period. Capital International Investors lifted its position in shares of iShares MSCI EAFE ETF by 134.9% during the 4th quarter. Capital International Investors now owns 1,911,162 shares of the exchange traded fund’s stock valued at $143,853,000 after buying an additional 1,097,655 shares in the last quarter. Pathstone Holdings LLC acquired a new stake in iShares MSCI EAFE ETF in the 4th quarter valued at $58,778,000. Finally, Cetera Investment Advisers grew its stake in iShares MSCI EAFE ETF by 383.6% in the 1st quarter. Cetera Investment Advisers now owns 758,791 shares of the exchange traded fund’s stock valued at $60,597,000 after acquiring an additional 601,896 shares during the period. Institutional investors and hedge funds own 79.80% of the company’s stock.

iShares MSCI EAFE ETF Stock Performance

NYSEARCA:EFA traded down $0.39 during trading hours on Monday, reaching $82.43. 4,809,811 shares of the company were exchanged, compared to its average volume of 13,737,499. The stock’s 50-day moving average is $79.19 and its 200-day moving average is $78.93. iShares MSCI EAFE ETF has a twelve month low of $65.68 and a twelve month high of $82.87.

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.