Canandaigua National Trust Co of Florida Acquires New Shares in iShares MSCI EAFE ETF $EFA

Canandaigua National Trust Co of Florida acquired a new stake in iShares MSCI EAFE ETF (NYSEARCA:EFA) in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 32,446 shares of the exchange traded fund’s stock, valued at approximately $3,371,000. iShares MSCI EAFE ETF comprises about 1.9% of Canandaigua National Trust Co of Florida’s holdings, making the stock its 12th largest position.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Bank of America Corp DE increased its holdings in shares of iShares MSCI EAFE ETF by 1.5% during the 2nd quarter. Bank of America Corp DE now owns 40,238,465 shares of the exchange traded fund’s stock worth $4,179,972,000 after acquiring an additional 604,529 shares during the last quarter. JPMorgan Chase & Co. lifted its holdings in iShares MSCI EAFE ETF by 5.1% during the 4th quarter. JPMorgan Chase & Co. now owns 21,517,515 shares of the exchange traded fund’s stock valued at $2,066,327,000 after purchasing an additional 1,041,180 shares during the last quarter. Envestnet Asset Management Inc. lifted its holdings in iShares MSCI EAFE ETF by 10.9% during the 2nd quarter. Envestnet Asset Management Inc. now owns 7,285,707 shares of the exchange traded fund’s stock valued at $756,839,000 after purchasing an additional 713,952 shares during the last quarter. AlTi Global Inc. boosted its position in iShares MSCI EAFE ETF by 1.1% during the first quarter. AlTi Global Inc. now owns 6,222,715 shares of the exchange traded fund’s stock worth $604,412,000 after purchasing an additional 69,780 shares during the period. Finally, Bessemer Group Inc. boosted its position in iShares MSCI EAFE ETF by 27.9% during the first quarter. Bessemer Group Inc. now owns 5,586,139 shares of the exchange traded fund’s stock worth $542,581,000 after purchasing an additional 1,218,669 shares during the period. 79.80% of the stock is currently owned by institutional investors.

iShares MSCI EAFE ETF Trading Down 1.1%

Shares of NYSEARCA:EFA traded down $1.12 on Wednesday, hitting $103.10. The company had a trading volume of 13,347,058 shares, compared to its average volume of 16,638,738. The stock has a market cap of $76.52 billion, a price-to-earnings ratio of 16.48 and a beta of 0.78. The stock has a 50 day moving average price of $106.59 and a 200 day moving average price of $103.83. iShares MSCI EAFE ETF has a 1-year low of $91.21 and a 1-year high of $108.89.

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. The Index includes stocks from Europe, Australasia and the Far East. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.