iShares MSCI EAFE ETF (NYSEARCA:EFA) Shares Purchased by Mechanics Financial Corp

Mechanics Financial Corp grew its stake in shares of iShares MSCI EAFE ETF (NYSEARCA:EFA) by 0.4% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 196,072 shares of the exchange traded fund’s stock after acquiring an additional 712 shares during the quarter. iShares MSCI EAFE ETF comprises approximately 8.3% of Mechanics Financial Corp’s investment portfolio, making the stock its 2nd largest holding. Mechanics Financial Corp’s holdings in iShares MSCI EAFE ETF were worth $14,774,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of the stock. Howe & Rusling Inc. raised its stake in shares of iShares MSCI EAFE ETF by 112.7% in the fourth quarter. Howe & Rusling Inc. now owns 336 shares of the exchange traded fund’s stock worth $25,000 after purchasing an additional 178 shares during the last quarter. Sawyer & Company Inc acquired a new stake in shares of iShares MSCI EAFE ETF in the third quarter worth $33,000. BluePath Capital Management LLC acquired a new stake in shares of iShares MSCI EAFE ETF in the third quarter worth $37,000. Valued Wealth Advisors LLC acquired a new position in iShares MSCI EAFE ETF during the fourth quarter valued at $37,000. Finally, Bear Mountain Capital Inc. purchased a new stake in iShares MSCI EAFE ETF in the fourth quarter valued at $37,000. 79.80% of the stock is owned by hedge funds and other institutional investors.

iShares MSCI EAFE ETF Stock Performance

NYSEARCA EFA traded up $0.72 during mid-day trading on Thursday, reaching $77.82. 7,220,911 shares of the stock were exchanged, compared to its average volume of 15,051,785. iShares MSCI EAFE ETF has a 1 year low of $65.68 and a 1 year high of $80.06. The business’s 50 day moving average is $78.33 and its 200-day moving average is $74.68.

About iShares MSCI EAFE ETF

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.