Riverview Trust Co Trims Stake in iShares Core MSCI EAFE ETF $IEFA

Riverview Trust Co lessened its holdings in iShares Core MSCI EAFE ETF (BATS:IEFA) by 0.9% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 154,809 shares of the company’s stock after selling 1,331 shares during the quarter. iShares Core MSCI EAFE ETF makes up about 16.1% of Riverview Trust Co’s investment portfolio, making the stock its 2nd largest holding. Riverview Trust Co’s holdings in iShares Core MSCI EAFE ETF were worth $12,923,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently modified their holdings of IEFA. Jones Financial Companies Lllp raised its stake in iShares Core MSCI EAFE ETF by 0.7% during the first quarter. Jones Financial Companies Lllp now owns 89,235,188 shares of the company’s stock worth $6,815,663,000 after acquiring an additional 663,730 shares during the period. Raymond James Financial Inc. raised its position in shares of iShares Core MSCI EAFE ETF by 0.7% during the 1st quarter. Raymond James Financial Inc. now owns 37,782,854 shares of the company’s stock worth $2,858,273,000 after purchasing an additional 258,589 shares during the period. Northwestern Mutual Wealth Management Co. lifted its holdings in shares of iShares Core MSCI EAFE ETF by 5.1% in the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 34,156,332 shares of the company’s stock worth $2,583,926,000 after purchasing an additional 1,668,799 shares during the last quarter. US Bancorp DE boosted its position in iShares Core MSCI EAFE ETF by 3.7% during the 1st quarter. US Bancorp DE now owns 34,147,182 shares of the company’s stock valued at $2,583,248,000 after purchasing an additional 1,232,333 shares during the period. Finally, Bank of New York Mellon Corp grew its stake in iShares Core MSCI EAFE ETF by 7.2% during the 1st quarter. Bank of New York Mellon Corp now owns 32,276,425 shares of the company’s stock worth $2,441,712,000 after buying an additional 2,175,194 shares during the last quarter.

iShares Core MSCI EAFE ETF Stock Performance

IEFA stock opened at $87.92 on Thursday. The stock has a market capitalization of $150.33 billion, a price-to-earnings ratio of 16.18 and a beta of 0.84. iShares Core MSCI EAFE ETF has a 1 year low of $66.95 and a 1 year high of $87.36. The stock’s fifty day moving average is $85.58 and its two-hundred day moving average is $81.69.

iShares Core MSCI EAFE ETF Company Profile

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.