Maple Capital Management Inc. Has $1.86 Million Holdings in iShares MSCI EAFE ETF (NYSEARCA:EFA)

Maple Capital Management Inc. cut its stake in iShares MSCI EAFE ETF (NYSEARCA:EFA) by 5.9% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 24,587 shares of the exchange traded fund’s stock after selling 1,540 shares during the period. Maple Capital Management Inc.’s holdings in iShares MSCI EAFE ETF were worth $1,859,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently bought and sold shares of EFA. Pettinga Financial Advisors LLC raised its stake in shares of iShares MSCI EAFE ETF by 1.9% in the 3rd quarter. Pettinga Financial Advisors LLC now owns 37,043 shares of the exchange traded fund’s stock valued at $3,098,000 after buying an additional 690 shares in the last quarter. First Trust Direct Indexing L.P. bought a new stake in iShares MSCI EAFE ETF in the third quarter valued at about $203,000. Pinnacle Associates Ltd. raised its position in iShares MSCI EAFE ETF by 18.2% in the third quarter. Pinnacle Associates Ltd. now owns 49,288 shares of the exchange traded fund’s stock worth $4,122,000 after purchasing an additional 7,574 shares in the last quarter. LCM Capital Management Inc raised its position in iShares MSCI EAFE ETF by 0.3% in the third quarter. LCM Capital Management Inc now owns 78,508 shares of the exchange traded fund’s stock worth $6,566,000 after purchasing an additional 245 shares in the last quarter. Finally, Stephens Inc. AR lifted its stake in iShares MSCI EAFE ETF by 3.4% during the third quarter. Stephens Inc. AR now owns 294,045 shares of the exchange traded fund’s stock worth $24,591,000 after purchasing an additional 9,732 shares during the period. 79.80% of the stock is currently owned by institutional investors and hedge funds.

iShares MSCI EAFE ETF Trading Up 0.2 %

NYSEARCA EFA opened at $81.58 on Friday. iShares MSCI EAFE ETF has a 1-year low of $73.91 and a 1-year high of $84.56. The stock’s 50 day moving average is $78.53 and its two-hundred day moving average is $79.72. The company has a market capitalization of $57.32 billion, a price-to-earnings ratio of 17.57 and a beta of 0.87.

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.