Bank of New York Mellon Corp Acquires 2,608,901 Shares of iShares Core MSCI EAFE ETF (BATS:IEFA)

Bank of New York Mellon Corp raised its holdings in iShares Core MSCI EAFE ETF (BATS:IEFA) by 9.5% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 30,101,231 shares of the company’s stock after purchasing an additional 2,608,901 shares during the quarter. Bank of New York Mellon Corp’s holdings in iShares Core MSCI EAFE ETF were worth $2,115,515,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently bought and sold shares of IEFA. Life Planning Partners Inc increased its holdings in shares of iShares Core MSCI EAFE ETF by 6,920.2% during the 4th quarter. Life Planning Partners Inc now owns 8,435,918 shares of the company’s stock worth $592,876,000 after acquiring an additional 8,315,752 shares during the last quarter. Bell Bank boosted its position in iShares Core MSCI EAFE ETF by 187.7% during the fourth quarter. Bell Bank now owns 3,546,845 shares of the company’s stock worth $249,272,000 after purchasing an additional 2,313,901 shares during the period. Constellation Investments Inc. acquired a new position in shares of iShares Core MSCI EAFE ETF in the fourth quarter valued at $129,702,000. CX Institutional increased its holdings in shares of iShares Core MSCI EAFE ETF by 670.8% in the fourth quarter. CX Institutional now owns 1,921,231 shares of the company’s stock valued at $135,024,000 after purchasing an additional 1,671,978 shares during the last quarter. Finally, Truist Financial Corp raised its position in shares of iShares Core MSCI EAFE ETF by 22.4% in the fourth quarter. Truist Financial Corp now owns 8,877,878 shares of the company’s stock valued at $623,937,000 after purchasing an additional 1,626,219 shares during the period.

iShares Core MSCI EAFE ETF Stock Performance

BATS IEFA opened at $75.55 on Tuesday. iShares Core MSCI EAFE ETF has a 52-week low of $56.55 and a 52-week high of $70.84. The stock has a market cap of $126.92 billion, a PE ratio of 16.99 and a beta of 0.89. The firm has a 50-day moving average of $72.53 and a 200-day moving average of $74.12.

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.