Private Client Services LLC Makes New $26.82 Million Investment in iShares Core MSCI EAFE ETF $IEFA

Private Client Services LLC purchased a new stake in iShares Core MSCI EAFE ETF (BATS:IEFA) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 276,781 shares of the company’s stock, valued at approximately $26,815,000. iShares Core MSCI EAFE ETF accounts for about 7.3% of Private Client Services LLC’s holdings, making the stock its 2nd biggest position.

A number of other hedge funds also recently made changes to their positions in IEFA. Wells Fargo & Company MN raised its position in iShares Core MSCI EAFE ETF by 3.8% in the fourth quarter. Wells Fargo & Company MN now owns 79,118,875 shares of the company’s stock worth $7,077,975,000 after purchasing an additional 2,898,461 shares in the last quarter. LPL Financial LLC raised its holdings 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 buying an additional 1,799,732 shares in the last quarter. Bank of New York Mellon Corp raised its holdings in shares of iShares Core MSCI EAFE ETF by 8.4% in the 1st quarter. Bank of New York Mellon Corp now owns 38,117,521 shares of the company’s stock worth $3,450,779,000 after buying an additional 2,957,022 shares in the last quarter. JPMorgan Chase & Co. lifted its position in shares of iShares Core MSCI EAFE ETF by 179.9% during the 4th quarter. JPMorgan Chase & Co. now owns 18,177,164 shares of the company’s stock worth $1,626,129,000 after buying an additional 40,918,156 shares during the period. Finally, PNC Financial Services Group Inc. boosted its stake in iShares Core MSCI EAFE ETF by 0.4% in the 1st quarter. PNC Financial Services Group Inc. now owns 16,811,167 shares of the company’s stock valued at $1,521,915,000 after buying an additional 68,617 shares in the last quarter.

iShares Core MSCI EAFE ETF Stock Up 0.9%

BATS:IEFA traded up $0.83 during trading hours on Friday, reaching $96.78. The company had a trading volume of 4,062,046 shares, compared to its average volume of 12,094,552. The stock has a 50-day moving average of $99.34 and a two-hundred day moving average of $96.74. iShares Core MSCI EAFE ETF has a one year low of $85.03 and a one year high of $101.44. The firm has a market capitalization of $165.49 billion, a PE 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.