First Business Financial Services Inc. Sells 7,285 Shares of iShares Core MSCI EAFE ETF $IEFA

First Business Financial Services Inc. cut its position in iShares Core MSCI EAFE ETF (BATS:IEFA) by 0.5% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 1,513,690 shares of the company’s stock after selling 7,285 shares during the quarter. iShares Core MSCI EAFE ETF accounts for 12.4% of First Business Financial Services Inc.’s investment portfolio, making the stock its 2nd largest holding. First Business Financial Services Inc.’s holdings in iShares Core MSCI EAFE ETF were worth $135,415,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of the stock. Cullen Frost Bankers Inc. lifted its position in shares of iShares Core MSCI EAFE ETF by 127.3% during the fourth quarter. Cullen Frost Bankers Inc. now owns 131,085 shares of the company’s stock worth $11,727,000 after purchasing an additional 73,406 shares in the last quarter. Forefront Wealth Partners LLC lifted its position in shares of iShares Core MSCI EAFE ETF by 16.5% during the fourth quarter. Forefront Wealth Partners LLC now owns 34,276 shares of the company’s stock worth $3,066,000 after purchasing an additional 4,848 shares in the last quarter. PNC Financial Services Group Inc. lifted its position in shares of iShares Core MSCI EAFE ETF by 2.3% during the fourth quarter. PNC Financial Services Group Inc. now owns 16,742,550 shares of the company’s stock worth $1,497,789,000 after purchasing an additional 379,750 shares in the last quarter. Quantify Chaos Advisors LLC acquired a new position in shares of iShares Core MSCI EAFE ETF during the fourth quarter worth approximately $810,000. Finally, Csenge Advisory Group lifted its position in shares of iShares Core MSCI EAFE ETF by 1.8% during the fourth quarter. Csenge Advisory Group now owns 19,103 shares of the company’s stock worth $1,709,000 after purchasing an additional 337 shares in the last quarter.

iShares Core MSCI EAFE ETF Trading Down 0.8%

Shares of IEFA stock opened at $95.37 on Wednesday. iShares Core MSCI EAFE ETF has a 1 year low of $79.82 and a 1 year high of $98.83. The firm’s 50 day moving average is $93.48 and its 200-day moving average is $92.26. The firm has a market capitalization of $163.08 billion, a price-to-earnings ratio of 16.18 and a beta of 0.84.

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.