NewEdge Wealth LLC Boosts Stock Position in iShares Core MSCI EAFE ETF $IEFA

NewEdge Wealth LLC raised its holdings in iShares Core MSCI EAFE ETF (BATS:IEFA) by 7.2% during the first quarter, HoldingsChannel.com reports. The firm owned 357,097 shares of the company’s stock after buying an additional 23,937 shares during the period. NewEdge Wealth LLC’s holdings in iShares Core MSCI EAFE ETF were worth $32,328,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. Bank of America Corp DE grew its position in shares of iShares Core MSCI EAFE ETF by 1.3% during the fourth quarter. Bank of America Corp DE now owns 227,762,243 shares of the company’s stock worth $20,375,610,000 after buying an additional 2,898,995 shares in the last quarter. Morgan Stanley raised its stake in iShares Core MSCI EAFE ETF by 4.9% during the fourth quarter. Morgan Stanley now owns 104,883,248 shares of the company’s stock valued at $9,382,856,000 after buying an additional 4,892,313 shares in the last quarter. Wells Fargo & Company MN raised its stake in iShares Core MSCI EAFE ETF by 3.8% during the fourth quarter. Wells Fargo & Company MN now owns 79,118,875 shares of the company’s stock valued at $7,077,975,000 after buying an additional 2,898,461 shares in the last quarter. Raymond James Financial Inc. lifted its holdings in iShares Core MSCI EAFE ETF by 15.0% during the 4th quarter. Raymond James Financial Inc. now owns 43,144,722 shares of the company’s stock worth $3,859,727,000 after buying an additional 5,635,481 shares during the last quarter. Finally, LPL Financial LLC lifted its holdings in iShares Core MSCI EAFE ETF by 4.6% during the 4th quarter. LPL Financial LLC now owns 40,788,933 shares of the company’s stock worth $3,648,978,000 after buying an additional 1,799,732 shares during the last quarter.

iShares Core MSCI EAFE ETF Price Performance

Shares of IEFA opened at $97.09 on Thursday. The business’s fifty day moving average price is $96.84 and its 200 day moving average price is $94.96. iShares Core MSCI EAFE ETF has a 12-month low of $81.17 and a 12-month high of $98.83. The stock has a market capitalization of $166.02 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.