PNC Financial Services Group Inc. Has $1.50 Billion Holdings in iShares Core MSCI EAFE ETF $IEFA

PNC Financial Services Group Inc. grew its holdings in iShares Core MSCI EAFE ETF (BATS:IEFA) by 2.3% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 16,742,550 shares of the company’s stock after buying an additional 379,750 shares during the period. iShares Core MSCI EAFE ETF accounts for about 0.8% of PNC Financial Services Group Inc.’s portfolio, making the stock its 12th biggest holding. PNC Financial Services Group Inc.’s holdings in iShares Core MSCI EAFE ETF were worth $1,497,789,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in IEFA. Quantify Chaos Advisors LLC acquired a new position in shares of iShares Core MSCI EAFE ETF in the fourth quarter valued at $810,000. Csenge Advisory Group lifted its stake in shares of iShares Core MSCI EAFE ETF by 1.8% during the 4th quarter. Csenge Advisory Group now owns 19,103 shares of the company’s stock worth $1,709,000 after buying an additional 337 shares during the last quarter. HighTower Advisors LLC lifted its stake in shares of iShares Core MSCI EAFE ETF by 13.7% during the 4th quarter. HighTower Advisors LLC now owns 5,463,367 shares of the company’s stock worth $488,753,000 after buying an additional 660,292 shares during the last quarter. Envestnet Portfolio Solutions Inc. boosted its holdings in shares of iShares Core MSCI EAFE ETF by 1.2% during the 4th quarter. Envestnet Portfolio Solutions Inc. now owns 8,904,224 shares of the company’s stock worth $796,572,000 after buying an additional 105,373 shares during the period. Finally, Tanglewood Legacy Advisors LLC boosted its holdings in shares of iShares Core MSCI EAFE ETF by 5.1% during the 4th quarter. Tanglewood Legacy Advisors LLC now owns 2,588 shares of the company’s stock worth $232,000 after buying an additional 126 shares during the period.

iShares Core MSCI EAFE ETF Stock Performance

Shares of IEFA opened at $95.37 on Wednesday. The firm has a market cap of $163.08 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. The firm’s 50-day simple moving average is $93.48 and its 200 day simple moving average is $92.26.

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.