Bell Bank Makes New $343.82 Million Investment in iShares Core MSCI EAFE ETF $IEFA

Bell Bank bought a new position in shares of iShares Core MSCI EAFE ETF (BATS:IEFA) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 3,548,938 shares of the company’s stock, valued at approximately $343,821,000. iShares Core MSCI EAFE ETF comprises approximately 13.0% of Bell Bank’s investment portfolio, making the stock its 2nd largest holding.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Stairway Partners LLC purchased a new stake in iShares Core MSCI EAFE ETF in the third quarter valued at $304,435,000. Bank of New York Mellon Corp grew its position in iShares Core MSCI EAFE ETF by 8.4% during 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 purchasing an additional 2,957,022 shares during the period. First Citizens Bank & Trust Co. purchased a new position in shares of iShares Core MSCI EAFE ETF during the 3rd quarter valued at about $230,635,000. Halbert Hargrove Global Advisors LLC purchased a new position in shares of iShares Core MSCI EAFE ETF during the 3rd quarter valued at about $180,057,000. Finally, Fifth Third Bancorp raised its stake in shares of iShares Core MSCI EAFE ETF by 51.2% during the 1st quarter. Fifth Third Bancorp now owns 5,380,318 shares of the company’s stock valued at $487,080,000 after buying an additional 1,821,551 shares during the last quarter.

iShares Core MSCI EAFE ETF Stock Up 0.8%

Shares of IEFA stock opened at $96.71 on Wednesday. The stock has a market cap of $165.37 billion, a PE ratio of 16.18 and a beta of 0.84. The business has a 50-day simple moving average of $98.75 and a 200-day simple moving average of $97.37. iShares Core MSCI EAFE ETF has a 52-week low of $85.03 and a 52-week high of $101.44.

iShares Core MSCI EAFE ETF Company 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.