First Horizon Advisors Inc. Trims Stock Holdings in iShares Core MSCI EAFE ETF (BATS:IEFA)

First Horizon Advisors Inc. cut its holdings in shares of iShares Core MSCI EAFE ETF (BATS:IEFA) by 3.6% during the fourth quarter, HoldingsChannel.com reports. The fund owned 162,761 shares of the company’s stock after selling 6,007 shares during the quarter. First Horizon Advisors Inc.’s holdings in iShares Core MSCI EAFE ETF were worth $11,439,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also modified their holdings of IEFA. LPL Financial LLC increased its stake in iShares Core MSCI EAFE ETF by 4.3% in the third quarter. LPL Financial LLC now owns 36,275,934 shares of the company’s stock valued at $2,831,337,000 after purchasing an additional 1,506,562 shares during the period. US Bancorp DE grew its holdings in shares of iShares Core MSCI EAFE ETF by 2.0% during the third quarter. US Bancorp DE now owns 32,868,438 shares of the company’s stock worth $2,565,395,000 after buying an additional 656,213 shares during the last quarter. FMR LLC increased its position in iShares Core MSCI EAFE ETF by 0.4% in the 3rd quarter. FMR LLC now owns 19,246,834 shares of the company’s stock valued at $1,502,215,000 after acquiring an additional 72,670 shares during the period. PNC Financial Services Group Inc. increased its position in iShares Core MSCI EAFE ETF by 0.7% in the 3rd quarter. PNC Financial Services Group Inc. now owns 14,921,871 shares of the company’s stock valued at $1,164,652,000 after acquiring an additional 106,405 shares during the period. Finally, Stifel Financial Corp raised its stake in iShares Core MSCI EAFE ETF by 2.7% during the 3rd quarter. Stifel Financial Corp now owns 9,656,141 shares of the company’s stock valued at $753,663,000 after acquiring an additional 257,103 shares during the last quarter.

iShares Core MSCI EAFE ETF Trading Up 8.3 %

Shares of IEFA stock opened at $75.60 on Friday. The company has a market capitalization of $118.68 billion, a P/E ratio of 14.38 and a beta of 0.82. The business’s 50 day moving average is $72.48 and its two-hundred day moving average is $74.07. iShares Core MSCI EAFE ETF has a twelve month low of $56.55 and a twelve month high of $70.84.

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.