Patton Albertson Miller Group LLC Trims Stake in iShares Core MSCI EAFE ETF $IEFA

Patton Albertson Miller Group LLC reduced its stake in iShares Core MSCI EAFE ETF (BATS:IEFA) by 1.7% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 40,019 shares of the company’s stock after selling 677 shares during the period. Patton Albertson Miller Group LLC’s holdings in iShares Core MSCI EAFE ETF were worth $3,341,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of IEFA. Alaska Permanent Fund Corp boosted its stake in iShares Core MSCI EAFE ETF by 198.2% in the first quarter. Alaska Permanent Fund Corp now owns 7,583,471 shares of the company’s stock valued at $596,895,000 after acquiring an additional 5,040,373 shares in the last quarter. National Bank of Canada FI grew its position in iShares Core MSCI EAFE ETF by 308.9% during the first quarter. National Bank of Canada FI now owns 3,509,149 shares of the company’s stock valued at $265,438,000 after buying an additional 2,651,047 shares during the period. Bank of New York Mellon Corp grew its position in iShares Core MSCI EAFE ETF by 7.2% during the first quarter. Bank of New York Mellon Corp now owns 32,276,425 shares of the company’s stock valued at $2,441,712,000 after buying an additional 2,175,194 shares during the period. Truist Financial Corp grew its position in shares of iShares Core MSCI EAFE ETF by 22.6% in the first quarter. Truist Financial Corp now owns 10,883,707 shares of the company’s stock valued at $823,352,000 after purchasing an additional 2,005,829 shares during the period. Finally, Nuveen LLC acquired a new position in iShares Core MSCI EAFE ETF during the first quarter worth about $140,348,000.

iShares Core MSCI EAFE ETF Price Performance

BATS:IEFA opened at $86.55 on Friday. The company’s 50-day moving average is $85.38 and its two-hundred day moving average is $81.44. The firm has a market capitalization of $147.99 billion, a price-to-earnings ratio of 16.18 and a beta of 0.84. iShares Core MSCI EAFE ETF has a 1-year low of $66.95 and a 1-year high of $87.36.

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.