PNC Financial Services Group Inc. Cuts Stake in iShares MSCI EAFE ETF (NYSEARCA:EFA)

PNC Financial Services Group Inc. lessened its stake in iShares MSCI EAFE ETF (NYSEARCA:EFA) by 2.1% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 9,152,736 shares of the exchange traded fund’s stock after selling 195,848 shares during the quarter. PNC Financial Services Group Inc. owned 1.31% of iShares MSCI EAFE ETF worth $765,443,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also recently made changes to their positions in the company. Jane Street Group LLC grew its position in iShares MSCI EAFE ETF by 3.1% in the 1st quarter. Jane Street Group LLC now owns 13,121,576 shares of the exchange traded fund’s stock worth $1,047,889,000 after purchasing an additional 391,042 shares during the period. Envestnet Asset Management Inc. lifted its stake in shares of iShares MSCI EAFE ETF by 33.1% in the 2nd quarter. Envestnet Asset Management Inc. now owns 8,765,455 shares of the exchange traded fund’s stock worth $686,598,000 after purchasing an additional 2,179,857 shares during the period. AlTi Global Inc. grew its position in iShares MSCI EAFE ETF by 8.4% during the second quarter. AlTi Global Inc. now owns 6,655,277 shares of the exchange traded fund’s stock valued at $521,308,000 after buying an additional 517,329 shares during the period. TD Asset Management Inc increased its holdings in iShares MSCI EAFE ETF by 31.0% during the second quarter. TD Asset Management Inc now owns 5,825,155 shares of the exchange traded fund’s stock valued at $456,284,000 after buying an additional 1,377,019 shares during the last quarter. Finally, LPL Financial LLC boosted its stake in shares of iShares MSCI EAFE ETF by 11.9% during the 2nd quarter. LPL Financial LLC now owns 3,672,670 shares of the exchange traded fund’s stock worth $287,680,000 after acquiring an additional 391,198 shares during the last quarter. Institutional investors own 79.80% of the company’s stock.

iShares MSCI EAFE ETF Trading Up 0.6 %

NYSEARCA EFA opened at $77.57 on Tuesday. iShares MSCI EAFE ETF has a fifty-two week low of $71.63 and a fifty-two week high of $84.56. The business’s fifty day moving average is $80.97 and its 200 day moving average is $80.33.

iShares MSCI EAFE ETF Company 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.