Founders Financial Securities LLC Has $11.68 Million Stock Position in iShares Core MSCI EAFE ETF $IEFA

Founders Financial Securities LLC reduced its position in iShares Core MSCI EAFE ETF (BATS:IEFA) by 20.9% in the 4th quarter, Holdings Channel reports. The institutional investor owned 130,543 shares of the company’s stock after selling 34,393 shares during the period. Founders Financial Securities LLC’s holdings in iShares Core MSCI EAFE ETF were worth $11,678,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Bank of America Corp DE increased its stake in shares of iShares Core MSCI EAFE ETF by 2.2% in the 3rd quarter. Bank of America Corp DE now owns 224,863,248 shares of the company’s stock valued at $19,632,810,000 after buying an additional 4,837,732 shares during the period. Jones Financial Companies Lllp increased its stake in shares of iShares Core MSCI EAFE ETF by 7.6% in the 3rd quarter. Jones Financial Companies Lllp now owns 96,540,540 shares of the company’s stock valued at $8,355,581,000 after buying an additional 6,837,301 shares during the period. TIAA Trust National Association increased its stake in shares of iShares Core MSCI EAFE ETF by 1.7% in the 3rd quarter. TIAA Trust National Association now owns 47,576,490 shares of the company’s stock valued at $4,143,178,000 after buying an additional 786,918 shares during the period. Raymond James Financial Inc. increased its stake in shares of iShares Core MSCI EAFE ETF by 2.9% in the 2nd quarter. Raymond James Financial Inc. now owns 38,892,517 shares of the company’s stock valued at $3,246,747,000 after buying an additional 1,109,663 shares during the period. Finally, US Bancorp DE increased its stake in shares of iShares Core MSCI EAFE ETF by 3.1% in the 3rd quarter. US Bancorp DE now owns 35,451,679 shares of the company’s stock valued at $3,095,313,000 after buying an additional 1,065,415 shares during the period.

iShares Core MSCI EAFE ETF Stock Performance

BATS IEFA opened at $98.02 on Friday. The stock has a fifty day moving average of $94.46 and a 200-day moving average of $92.78. The stock has a market capitalization of $167.61 billion, a P/E ratio of 16.18 and a beta of 0.84. iShares Core MSCI EAFE ETF has a 52 week low of $79.82 and a 52 week high of $98.83.

iShares Core MSCI EAFE ETF Profile

The iShares Core MSCI EAFE ETF (IEFA) is an exchange-traded fund that is based on the MSCI EAFE IMI index, a market-cap-weighted index of developed-market stocks in Europe, Australasia and the Far East, and excludes North America IEFA was launched on Oct 18, 2012 and is managed by BlackRock.