Janney Montgomery Scott LLC Increases Position in iShares Core MSCI EAFE ETF $IEFA

Janney Montgomery Scott LLC raised its holdings in iShares Core MSCI EAFE ETF (BATS:IEFA) by 55.7% in the first quarter, Holdings Channel reports. The fund owned 2,365,635 shares of the company’s stock after buying an additional 846,387 shares during the period. Janney Montgomery Scott LLC’s holdings in iShares Core MSCI EAFE ETF were worth $214,161,000 at the end of the most recent reporting period.

A number of other institutional investors have also bought and sold shares of the business. Bank of America Corp DE increased its holdings in shares of iShares Core MSCI EAFE ETF by 1.3% in the fourth quarter. Bank of America Corp DE now owns 227,762,243 shares of the company’s stock valued at $20,375,610,000 after purchasing an additional 2,898,995 shares during the last quarter. Morgan Stanley boosted 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 worth $9,382,856,000 after buying an additional 4,892,313 shares during the last quarter. Wells Fargo & Company MN grew its holdings in iShares Core MSCI EAFE ETF by 3.8% in the 4th 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. increased its stake in shares of iShares Core MSCI EAFE ETF by 15.0% in the 4th quarter. Raymond James Financial Inc. now owns 43,144,722 shares of the company’s stock worth $3,859,727,000 after acquiring an additional 5,635,481 shares during the last quarter. Finally, LPL Financial LLC increased its stake in shares of iShares Core MSCI EAFE ETF by 4.6% in the 4th quarter. LPL Financial LLC now owns 40,788,933 shares of the company’s stock worth $3,648,978,000 after acquiring an additional 1,799,732 shares during the last quarter.

iShares Core MSCI EAFE ETF Trading Down 0.6%

Shares of IEFA stock opened at $95.49 on Friday. The company’s 50-day moving average price is $96.51 and its 200-day moving average price is $93.99. The stock has a market cap of $163.29 billion, a price-to-earnings ratio of 16.18 and a beta of 0.84. iShares Core MSCI EAFE ETF has a twelve month low of $81.17 and a twelve month high of $98.83.

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.