First Citizens Bank & Trust Co. Makes New Investment in iShares Core MSCI EAFE ETF $IEFA

First Citizens Bank & Trust Co. acquired a new stake in shares of iShares Core MSCI EAFE ETF (BATS:IEFA) in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 2,380,627 shares of the company’s stock, valued at approximately $230,635,000. iShares Core MSCI EAFE ETF comprises approximately 3.1% of First Citizens Bank & Trust Co.’s holdings, making the stock its 7th biggest position. First Citizens Bank & Trust Co. owned 0.14% of iShares Core MSCI EAFE ETF at the end of the most recent reporting period.

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

iShares Core MSCI EAFE ETF Stock Up 0.5%

Shares of iShares Core MSCI EAFE ETF stock opened at $96.64 on Wednesday. iShares Core MSCI EAFE ETF has a 52 week low of $85.03 and a 52 week high of $101.44. The business has a 50 day moving average price of $99.16 and a 200-day moving average price of $97.12. The company has a market cap of $165.25 billion, a PE ratio of 16.18 and a beta of 0.84.

About iShares Core MSCI EAFE ETF

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.