Prudential Financial Inc. Lowers Stock Position in iShares Core MSCI EAFE ETF $IEFA

Prudential Financial Inc. reduced its position in shares of iShares Core MSCI EAFE ETF (BATS:IEFA) by 26.3% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 2,659,491 shares of the company’s stock after selling 950,850 shares during the period. Prudential Financial Inc. owned 0.16% of iShares Core MSCI EAFE ETF worth $222,014,000 at the end of the most recent quarter.

A number of other institutional investors have also added to or reduced their stakes in IEFA. Revolve Wealth Partners LLC increased its position in shares of iShares Core MSCI EAFE ETF by 3.8% during the fourth quarter. Revolve Wealth Partners LLC now owns 551,668 shares of the company’s stock valued at $38,771,000 after acquiring an additional 19,941 shares during the last quarter. Burney Co. grew its stake in iShares Core MSCI EAFE ETF by 17.9% in the 1st quarter. Burney Co. now owns 4,069 shares of the company’s stock valued at $308,000 after purchasing an additional 618 shares during the period. Pinnacle Associates Ltd. increased its position in shares of iShares Core MSCI EAFE ETF by 40.9% during the 1st quarter. Pinnacle Associates Ltd. now owns 19,801 shares of the company’s stock valued at $1,498,000 after purchasing an additional 5,748 shares during the last quarter. Carnegie Investment Counsel raised its stake in shares of iShares Core MSCI EAFE ETF by 44.1% during the 1st quarter. Carnegie Investment Counsel now owns 5,103 shares of the company’s stock worth $386,000 after purchasing an additional 1,561 shares during the period. Finally, Equitable Trust Co. bought a new stake in shares of iShares Core MSCI EAFE ETF during the 1st quarter worth $606,000.

iShares Core MSCI EAFE ETF Stock Performance

Shares of BATS:IEFA opened at $86.35 on Friday. The company has a market capitalization of $147.65 billion, a P/E ratio of 16.18 and a beta of 0.84. The company’s 50-day moving average is $87.74 and its 200 day moving average is $84.94. iShares Core MSCI EAFE ETF has a fifty-two week low of $66.95 and a fifty-two week high of $87.36.

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.