iShares Core MSCI EAFE ETF $IEFA Stock: Fifth Third Bancorp Boosts Position

Fifth Third Bancorp boosted its stake in shares of iShares Core MSCI EAFE ETF (BATS:IEFA) by 6.8% in the third quarter, Holdings Channel reports. The institutional investor owned 8,029,375 shares of the company’s stock after purchasing an additional 514,025 shares during the period. iShares Core MSCI EAFE ETF accounts for approximately 1.3% of Fifth Third Bancorp’s portfolio, making the stock its 12th biggest position. Fifth Third Bancorp’s holdings in iShares Core MSCI EAFE ETF were worth $777,886,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in IEFA. FDx Advisors Inc. bought a new position in iShares Core MSCI EAFE ETF in the 3rd quarter worth about $5,897,000. Spectrum Planning & Advisory Services Inc. bought a new stake in iShares Core MSCI EAFE ETF during the 3rd quarter valued at about $1,877,000. Acorn Creek Capital LLC increased its stake in iShares Core MSCI EAFE ETF by 1.6% during the 3rd quarter. Acorn Creek Capital LLC now owns 132,824 shares of the company’s stock valued at $12,868,000 after purchasing an additional 2,038 shares in the last quarter. Smith Partners Wealth Management LLC increased its stake in iShares Core MSCI EAFE ETF by 17.9% during the 3rd quarter. Smith Partners Wealth Management LLC now owns 140,290 shares of the company’s stock valued at $13,591,000 after purchasing an additional 21,296 shares in the last quarter. Finally, Cabot Wealth Management Inc. purchased a new position in iShares Core MSCI EAFE ETF in the third quarter worth about $12,390,000.

iShares Core MSCI EAFE ETF Stock Performance

Shares of iShares Core MSCI EAFE ETF stock opened at $97.43 on Thursday. The company has a 50-day simple moving average of $97.44 and a two-hundred day simple moving average of $96.46. The stock has a market capitalization of $192.91 billion, a PE ratio of 16.36 and a beta of 0.80. iShares Core MSCI EAFE ETF has a 52-week low of $85.03 and a 52-week high of $101.44.

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.