PNC Financial Services Group Inc. Has $1.43 Billion Stock Position in iShares Core MSCI EAFE ETF $IEFA

PNC Financial Services Group Inc. boosted its holdings in shares of iShares Core MSCI EAFE ETF (BATS:IEFA) by 2.0% in the 3rd quarter, Holdings Channel reports. The firm owned 16,362,800 shares of the company’s stock after buying an additional 323,186 shares during the period. iShares Core MSCI EAFE ETF accounts for about 0.9% of PNC Financial Services Group Inc.’s holdings, making the stock its 14th largest position. PNC Financial Services Group Inc.’s holdings in iShares Core MSCI EAFE ETF were worth $1,428,636,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently modified their holdings of the business. Birchbrook Inc. acquired a new stake in iShares Core MSCI EAFE ETF in the second quarter valued at about $25,000. Anfield Capital Management LLC raised its stake in iShares Core MSCI EAFE ETF by 185.3% during the second quarter. Anfield Capital Management LLC now owns 331 shares of the company’s stock worth $28,000 after acquiring an additional 215 shares in the last quarter. MB Levis & Associates LLC lifted its holdings in shares of iShares Core MSCI EAFE ETF by 106.7% in the third quarter. MB Levis & Associates LLC now owns 339 shares of the company’s stock worth $30,000 after acquiring an additional 175 shares during the last quarter. Darwin Wealth Management LLC acquired a new stake in shares of iShares Core MSCI EAFE ETF in the 2nd quarter valued at approximately $33,000. Finally, Westend Capital Management LLC bought a new stake in shares of iShares Core MSCI EAFE ETF during the 3rd quarter valued at approximately $43,000.

iShares Core MSCI EAFE ETF Price Performance

IEFA stock opened at $97.28 on Friday. The stock has a market cap of $166.35 billion, a price-to-earnings ratio of 16.18 and a beta of 0.84. The company has a 50 day simple moving average of $92.10 and a 200 day simple moving average of $88.73. iShares Core MSCI EAFE ETF has a 1 year low of $66.95 and a 1 year high of $98.24.

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.