Founders Financial Securities LLC Acquires New Shares in iShares Core MSCI EAFE ETF $IEFA

Founders Financial Securities LLC purchased a new position in iShares Core MSCI EAFE ETF (BATS:IEFA) during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 108,576 shares of the company’s stock, valued at approximately $10,519,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. Bank of New York Mellon Corp grew its position in iShares Core MSCI EAFE ETF by 8.4% in the first quarter. Bank of New York Mellon Corp now owns 38,117,521 shares of the company’s stock worth $3,450,779,000 after acquiring an additional 2,957,022 shares in the last quarter. PNC Financial Services Group Inc. increased its position in iShares Core MSCI EAFE ETF by 0.4% during the first quarter. PNC Financial Services Group Inc. now owns 16,811,167 shares of the company’s stock valued at $1,521,915,000 after acquiring an additional 68,617 shares during the last quarter. Cetera Investment Advisers grew its holdings in iShares Core MSCI EAFE ETF by 6.7% during the 1st quarter. Cetera Investment Advisers now owns 11,479,180 shares of the company’s stock valued at $1,039,210,000 after purchasing an additional 720,499 shares during the last quarter. Keybank National Association OH raised its holdings in shares of iShares Core MSCI EAFE ETF by 8.8% in the first quarter. Keybank National Association OH now owns 10,187,432 shares of the company’s stock worth $922,268,000 after buying an additional 822,623 shares during the period. Finally, Royal Bank of Canada increased its stake in iShares Core MSCI EAFE ETF by 0.3% in 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 0.6%

Shares of BATS:IEFA opened at $97.20 on Friday. iShares Core MSCI EAFE ETF has a 52-week low of $85.03 and a 52-week high of $101.44. The stock has a market cap of $166.21 billion, a P/E ratio of 16.18 and a beta of 0.84. The business’s 50 day moving average is $98.13 and its 200 day moving average is $96.27.

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.