Pinnacle Financial Partners Inc Sells 38,246 Shares of iShares Core MSCI EAFE ETF $IEFA

Pinnacle Financial Partners Inc reduced its stake in iShares Core MSCI EAFE ETF (BATS:IEFA) by 48.9% during the 3rd quarter, Holdings Channel reports. The fund owned 39,957 shares of the company’s stock after selling 38,246 shares during the period. Pinnacle Financial Partners Inc’s holdings in iShares Core MSCI EAFE ETF were worth $3,489,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also recently bought and sold shares of IEFA. Bank of America Corp DE boosted its stake in iShares Core MSCI EAFE ETF by 2.5% in the 2nd quarter. Bank of America Corp DE now owns 220,025,516 shares of the company’s stock valued at $18,367,730,000 after purchasing an additional 5,414,037 shares during the period. Envestnet Asset Management Inc. increased its position in iShares Core MSCI EAFE ETF by 10.1% during the 2nd quarter. Envestnet Asset Management Inc. now owns 40,235,704 shares of the company’s stock worth $3,358,875,000 after buying an additional 3,675,689 shares during the period. Raymond James Financial Inc. lifted its holdings in shares of iShares Core MSCI EAFE ETF by 2.9% during the second quarter. Raymond James Financial Inc. now owns 38,892,517 shares of the company’s stock worth $3,246,747,000 after buying an additional 1,109,663 shares in the last quarter. US Bancorp DE boosted its position in shares of iShares Core MSCI EAFE ETF by 0.7% in the second quarter. US Bancorp DE now owns 34,386,264 shares of the company’s stock valued at $2,870,592,000 after acquiring an additional 239,082 shares during the period. Finally, Bank of New York Mellon Corp boosted its position in shares of iShares Core MSCI EAFE ETF by 0.9% in the second quarter. Bank of New York Mellon Corp now owns 32,560,687 shares of the company’s stock valued at $2,718,166,000 after acquiring an additional 284,262 shares during the period.

iShares Core MSCI EAFE ETF Stock Performance

BATS:IEFA opened at $92.75 on Friday. iShares Core MSCI EAFE ETF has a 52 week low of $66.95 and a 52 week high of $87.36. The firm’s 50-day simple moving average is $89.42 and its 200 day simple moving average is $87.14. The firm has a market cap of $158.61 billion, a price-to-earnings ratio of 16.18 and a beta of 0.84.

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.