iShares Core MSCI EAFE ETF (BATS:IEFA) Stake Trimmed by M&T Bank Corp

M&T Bank Corp lessened its holdings in shares of iShares Core MSCI EAFE ETF (BATS:IEFA) by 7.6% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 14,042,709 shares of the company’s stock after selling 1,159,337 shares during the period. iShares Core MSCI EAFE ETF comprises approximately 3.6% of M&T Bank Corp’s investment portfolio, making the stock its 2nd biggest position. M&T Bank Corp owned 0.89% of iShares Core MSCI EAFE ETF worth $1,096,034,000 at the end of the most recent quarter.

Other hedge funds have also recently modified their holdings of the company. HCR Wealth Advisors boosted its holdings in iShares Core MSCI EAFE ETF by 9.4% during the 3rd quarter. HCR Wealth Advisors now owns 16,331 shares of the company’s stock valued at $1,275,000 after acquiring an additional 1,397 shares during the period. Chan Zuckerberg Initiative LLC bought a new stake in shares of iShares Core MSCI EAFE ETF during the third quarter worth $86,526,000. Lavaca Capital LLC purchased a new stake in shares of iShares Core MSCI EAFE ETF during the third quarter valued at $787,000. Iams Wealth Management LLC bought a new position in shares of iShares Core MSCI EAFE ETF in the third quarter worth about $237,000. Finally, Kiely Wealth Advisory Group Inc. purchased a new position in iShares Core MSCI EAFE ETF in the 2nd quarter worth about $29,000.

iShares Core MSCI EAFE ETF Price Performance

Shares of IEFA opened at $69.87 on Friday. The firm has a market capitalization of $109.70 billion, a price-to-earnings ratio of 14.38 and a beta of 0.82. iShares Core MSCI EAFE ETF has a 1-year low of $56.55 and a 1-year high of $70.84. The company has a 50-day moving average of $73.78 and a 200 day moving average of $74.43.

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.