Traynor Capital Management Inc. Acquires Shares of 11,638 iShares Core MSCI EAFE ETF $IEFA

Traynor Capital Management Inc. bought a new stake in shares of iShares Core MSCI EAFE ETF (BATS:IEFA) during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 11,638 shares of the company’s stock, valued at approximately $1,016,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Bank of America Corp DE increased its position in shares of iShares Core MSCI EAFE ETF by 2.5% during the 2nd quarter. Bank of America Corp DE now owns 220,025,516 shares of the company’s stock valued at $18,367,730,000 after purchasing an additional 5,414,037 shares during the last quarter. Envestnet Asset Management Inc. raised its stake in shares of iShares Core MSCI EAFE ETF by 10.1% in the second quarter. Envestnet Asset Management Inc. now owns 40,235,704 shares of the company’s stock valued at $3,358,875,000 after acquiring an additional 3,675,689 shares during the period. Raymond James Financial Inc. raised its stake in shares of iShares Core MSCI EAFE ETF by 2.9% in the second quarter. Raymond James Financial Inc. now owns 38,892,517 shares of the company’s stock valued at $3,246,747,000 after acquiring an additional 1,109,663 shares during the period. US Bancorp DE lifted its holdings in shares of iShares Core MSCI EAFE ETF by 0.7% in the 2nd quarter. US Bancorp DE now owns 34,386,264 shares of the company’s stock worth $2,870,592,000 after acquiring an additional 239,082 shares during the last quarter. Finally, Bank of New York Mellon Corp boosted its stake in shares of iShares Core MSCI EAFE ETF by 3.2% during the 3rd quarter. Bank of New York Mellon Corp now owns 33,603,089 shares of the company’s stock worth $2,933,886,000 after purchasing an additional 1,042,402 shares during the period.

iShares Core MSCI EAFE ETF Trading Up 35.2%

Shares of BATS:IEFA opened at $94.38 on Thursday. iShares Core MSCI EAFE ETF has a 12 month low of $66.95 and a 12 month high of $87.36. The company has a market capitalization of $161.38 billion, a price-to-earnings ratio of 16.18 and a beta of 0.84. The firm’s 50-day moving average is $90.23 and its 200 day moving average is $87.69.

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.