iShares Core MSCI EAFE ETF $IEFA Shares Newly Purchased by Towercrest Capital Management

Towercrest Capital Management purchased a new position in shares of iShares Core MSCI EAFE ETF (BATS:IEFA) during the third quarter, Holdings Channel reports. The firm purchased 310,048 shares of the company’s stock, valued at approximately $30,037,000. iShares Core MSCI EAFE ETF makes up about 4.3% of Towercrest Capital Management’s holdings, making the stock its 6th biggest holding.

Several other institutional investors also recently added to or reduced their stakes in IEFA. Bank of New York Mellon Corp lifted its stake in iShares Core MSCI EAFE ETF by 8.4% in the first quarter. Bank of New York Mellon Corp now owns 38,117,521 shares of the company’s stock valued at $3,450,779,000 after buying an additional 2,957,022 shares during the last quarter. PNC Financial Services Group Inc. boosted its holdings in shares of iShares Core MSCI EAFE ETF by 0.4% in the first quarter. PNC Financial Services Group Inc. now owns 16,811,167 shares of the company’s stock valued at $1,521,915,000 after acquiring an additional 68,617 shares during the period. Cetera Investment Advisers boosted its holdings in shares of iShares Core MSCI EAFE ETF by 6.7% in the first quarter. Cetera Investment Advisers now owns 11,479,180 shares of the company’s stock valued at $1,039,210,000 after acquiring an additional 720,499 shares during the period. Keybank National Association OH grew its position in shares of iShares Core MSCI EAFE ETF by 8.8% during the first quarter. Keybank National Association OH now owns 10,187,432 shares of the company’s stock worth $922,268,000 after acquiring an additional 822,623 shares during the last quarter. Finally, Royal Bank of Canada grew its position in shares of iShares Core MSCI EAFE ETF by 0.3% during the first quarter. Royal Bank of Canada now owns 8,847,558 shares of the company’s stock worth $800,969,000 after acquiring an additional 28,030 shares during the last quarter.

iShares Core MSCI EAFE ETF Price Performance

Shares of IEFA traded down $0.47 during mid-day trading on Friday, reaching $95.68. 7,491,461 shares of the company’s stock were exchanged, compared to its average volume of 11,895,907. The business’s fifty day simple moving average is $98.45 and its 200-day simple moving average is $97.43. The stock has a market capitalization of $163.61 billion, a PE ratio of 16.18 and a beta of 0.84. iShares Core MSCI EAFE ETF has a 52-week low of $85.03 and a 52-week high of $101.44.

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.