iShares Core MSCI EAFE ETF $IEFA Shares Newly Bought by First Citizens Bank & Trust Co.

First Citizens Bank & Trust Co. purchased a new position in shares of iShares Core MSCI EAFE ETF (BATS:IEFA) during the 3rd quarter, HoldingsChannel reports. The institutional investor purchased 2,380,627 shares of the company’s stock, valued at approximately $230,635,000. iShares Core MSCI EAFE ETF accounts for about 3.1% of First Citizens Bank & Trust Co.’s investment portfolio, making the stock its 7th biggest holding.

A number of other institutional investors have also added to or reduced their stakes in IEFA. Focus Financial Network Inc. lifted its holdings in iShares Core MSCI EAFE ETF by 170.6% during the third quarter. Focus Financial Network Inc. now owns 43,021 shares of the company’s stock worth $4,168,000 after acquiring an additional 27,122 shares during the period. Enclave Advisors LLC grew its stake in iShares Core MSCI EAFE ETF by 28.5% in the 3rd quarter. Enclave Advisors LLC now owns 265,109 shares of the company’s stock valued at $25,684,000 after purchasing an additional 58,765 shares during the period. Virginia Estate & Retirement Planning Advisors Inc. bought a new position in iShares Core MSCI EAFE ETF in the 3rd quarter valued at $70,000. XY Planning Network Inc. increased its position in shares of iShares Core MSCI EAFE ETF by 20.4% during the 3rd quarter. XY Planning Network Inc. now owns 14,764 shares of the company’s stock valued at $1,430,000 after purchasing an additional 2,499 shares during the last quarter. Finally, Red Crane Wealth Management LLC increased its position in shares of iShares Core MSCI EAFE ETF by 0.8% during the 3rd quarter. Red Crane Wealth Management LLC now owns 37,547 shares of the company’s stock valued at $3,638,000 after purchasing an additional 284 shares during the last quarter.

iShares Core MSCI EAFE ETF Price Performance

BATS IEFA opened at $96.64 on Wednesday. The business’s fifty day moving average is $99.16 and its 200-day moving average is $97.12. The stock has a market capitalization of $165.25 billion, a price-to-earnings ratio of 16.18 and a beta of 0.84. iShares Core MSCI EAFE ETF has a one year low of $85.03 and a one year high of $101.44.

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.