PNC Financial Services Group Inc. Boosts Stake in iShares Core MSCI EAFE ETF $IEFA

PNC Financial Services Group Inc. lifted its stake in shares of iShares Core MSCI EAFE ETF (BATS:IEFA) by 4.4% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 16,039,614 shares of the company’s stock after acquiring an additional 680,572 shares during the period. iShares Core MSCI EAFE ETF accounts for approximately 0.9% of PNC Financial Services Group Inc.’s portfolio, making the stock its 14th biggest holding. PNC Financial Services Group Inc.’s holdings in iShares Core MSCI EAFE ETF were worth $1,338,987,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Revolve Wealth Partners LLC grew its stake in shares of iShares Core MSCI EAFE ETF by 3.8% during the 4th quarter. Revolve Wealth Partners LLC now owns 551,668 shares of the company’s stock valued at $38,771,000 after buying an additional 19,941 shares during the period. Stephens Inc. AR grew its position in iShares Core MSCI EAFE ETF by 54.1% during the first quarter. Stephens Inc. AR now owns 15,554 shares of the company’s stock valued at $1,177,000 after acquiring an additional 5,461 shares during the period. Edgestream Partners L.P. increased its stake in iShares Core MSCI EAFE ETF by 52.0% during the first quarter. Edgestream Partners L.P. now owns 4,612 shares of the company’s stock worth $349,000 after acquiring an additional 1,577 shares during the last quarter. Bogart Wealth LLC increased its stake in iShares Core MSCI EAFE ETF by 12.4% during the first quarter. Bogart Wealth LLC now owns 3,102 shares of the company’s stock worth $235,000 after acquiring an additional 343 shares during the last quarter. Finally, Dakota Wealth Management raised its holdings in shares of iShares Core MSCI EAFE ETF by 20.2% in the 1st quarter. Dakota Wealth Management now owns 5,670 shares of the company’s stock worth $429,000 after purchasing an additional 952 shares during the period.

iShares Core MSCI EAFE ETF Stock Performance

Shares of BATS:IEFA opened at $89.34 on Wednesday. iShares Core MSCI EAFE ETF has a 1 year low of $66.95 and a 1 year high of $87.36. The stock has a market capitalization of $152.76 billion, a P/E ratio of 16.18 and a beta of 0.84. The stock has a 50-day simple moving average of $87.56 and a 200-day simple moving average of $84.52.

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.