Penobscot Wealth Management Has $1.12 Million Stock Position in iShares Core MSCI EAFE ETF $IEFA

Penobscot Wealth Management boosted its stake in shares of iShares Core MSCI EAFE ETF (BATS:IEFA) by 122.8% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 12,857 shares of the company’s stock after acquiring an additional 7,086 shares during the quarter. Penobscot Wealth Management’s holdings in iShares Core MSCI EAFE ETF were worth $1,123,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Bank of Montreal Can raised its stake in shares of iShares Core MSCI EAFE ETF by 109.0% in the third quarter. Bank of Montreal Can now owns 13,626,889 shares of the company’s stock worth $1,189,764,000 after acquiring an additional 7,107,210 shares during the last quarter. Laurel Wealth Advisors LLC grew its stake in shares of iShares Core MSCI EAFE ETF by 9,134.0% during the second quarter. Laurel Wealth Advisors LLC now owns 7,156,078 shares of the company’s stock valued at $597,389,000 after purchasing an additional 7,078,581 shares during the last quarter. Jones Financial Companies Lllp increased its holdings in shares of iShares Core MSCI EAFE ETF by 7.6% in the third quarter. Jones Financial Companies Lllp now owns 96,540,540 shares of the company’s stock valued at $8,355,581,000 after purchasing an additional 6,837,301 shares in the last quarter. Bank of America Corp DE increased its holdings in shares of iShares Core MSCI EAFE ETF by 2.5% in the second quarter. Bank of America Corp DE now owns 220,025,516 shares of the company’s stock valued at $18,367,730,000 after purchasing an additional 5,414,037 shares in the last quarter. Finally, National Bank of Canada FI raised its position in iShares Core MSCI EAFE ETF by 140.8% in the 2nd quarter. National Bank of Canada FI now owns 8,449,555 shares of the company’s stock worth $705,336,000 after purchasing an additional 4,940,406 shares during the last quarter.

iShares Core MSCI EAFE ETF Stock Performance

BATS:IEFA opened at $91.69 on Wednesday. The stock’s fifty day moving average price is $94.41 and its two-hundred day moving average price is $90.31. iShares Core MSCI EAFE ETF has a 52-week low of $66.95 and a 52-week high of $98.83. The company has a market cap of $156.79 billion, a price-to-earnings ratio of 16.18 and a beta of 0.84.

iShares Core MSCI EAFE ETF 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.