Cabot Wealth Management Inc. Makes New $12.39 Million Investment in iShares Core MSCI EAFE ETF $IEFA

Cabot Wealth Management Inc. acquired a new stake in iShares Core MSCI EAFE ETF (BATS:IEFA) in the third quarter, HoldingsChannel reports. The fund acquired 127,886 shares of the company’s stock, valued at approximately $12,390,000.

A number of other hedge funds and other institutional investors also recently modified their holdings of IEFA. Bank of New York Mellon Corp raised its holdings in shares of iShares Core MSCI EAFE ETF by 8.4% in the 1st quarter. Bank of New York Mellon Corp now owns 38,117,521 shares of the company’s stock valued at $3,450,779,000 after purchasing an additional 2,957,022 shares during the period. PNC Financial Services Group Inc. lifted its stake in iShares Core MSCI EAFE ETF by 0.4% in the 1st quarter. PNC Financial Services Group Inc. now owns 16,811,167 shares of the company’s stock valued at $1,521,915,000 after purchasing an additional 68,617 shares during the last quarter. Keybank National Association OH bought a new position in iShares Core MSCI EAFE ETF during the third quarter worth about $1,075,536,000. Cetera Investment Advisers grew its holdings in iShares Core MSCI EAFE ETF by 6.7% during the first quarter. Cetera Investment Advisers now owns 11,479,180 shares of the company’s stock worth $1,039,210,000 after purchasing an additional 720,499 shares during the period. Finally, Royal Bank of Canada grew its holdings in iShares Core MSCI EAFE ETF by 0.3% during the first quarter. Royal Bank of Canada now owns 8,847,558 shares of the company’s stock worth $800,969,000 after purchasing an additional 28,030 shares during the period.

iShares Core MSCI EAFE ETF Stock Up 0.3%

Shares of BATS IEFA opened at $97.43 on Thursday. The business’s 50 day moving average price is $97.44 and its two-hundred day moving average price is $96.46. The company has a market cap of $192.91 billion, a PE ratio of 16.36 and a beta of 0.80. iShares Core MSCI EAFE ETF has a twelve month low of $85.03 and a twelve month high of $101.44.

iShares Core MSCI EAFE ETF 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.