Orrstown Financial Services Inc. Raises Stake in iShares MSCI EAFE ETF (NYSEARCA:EFA)

Orrstown Financial Services Inc. increased its position in iShares MSCI EAFE ETF (NYSEARCA:EFA) by 7.4% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 18,558 shares of the exchange traded fund’s stock after buying an additional 1,284 shares during the period. Orrstown Financial Services Inc.’s holdings in iShares MSCI EAFE ETF were worth $1,552,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. Triad Wealth Partners LLC purchased a new position in shares of iShares MSCI EAFE ETF during the 2nd quarter worth $25,000. SYM FINANCIAL Corp purchased a new position in iShares MSCI EAFE ETF during the second quarter worth about $26,000. CarsonAllaria Wealth Management Ltd. acquired a new stake in iShares MSCI EAFE ETF in the 1st quarter worth about $27,000. Beach Investment Counsel Inc. PA purchased a new stake in iShares MSCI EAFE ETF in the 2nd quarter valued at about $35,000. Finally, Fairscale Capital LLC acquired a new position in shares of iShares MSCI EAFE ETF during the 2nd quarter valued at about $37,000. Hedge funds and other institutional investors own 79.80% of the company’s stock.

iShares MSCI EAFE ETF Trading Up 0.8 %

Shares of EFA stock opened at $80.50 on Tuesday. The firm’s 50-day simple moving average is $81.88 and its 200-day simple moving average is $80.15. iShares MSCI EAFE ETF has a 1-year low of $66.26 and a 1-year high of $84.56.

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.