DAVENPORT & Co LLC Buys 63,951 Shares of iShares Core MSCI EAFE ETF $IEFA

DAVENPORT & Co LLC grew its stake in shares of iShares Core MSCI EAFE ETF (BATS:IEFA) by 9.9% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 707,085 shares of the company’s stock after buying an additional 63,951 shares during the period. DAVENPORT & Co LLC’s holdings in iShares Core MSCI EAFE ETF were worth $61,735,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in IEFA. Laurel Wealth Advisors LLC lifted its holdings in iShares Core MSCI EAFE ETF by 9,134.0% during the second quarter. Laurel Wealth Advisors LLC now owns 7,156,078 shares of the company’s stock valued at $597,389,000 after purchasing an additional 7,078,581 shares in the last quarter. Bank of America Corp DE increased its stake in shares of iShares Core MSCI EAFE ETF by 2.5% in the second quarter. Bank of America Corp DE now owns 220,025,516 shares of the company’s stock worth $18,367,730,000 after purchasing an additional 5,414,037 shares in the last quarter. National Bank of Canada FI raised its position in shares of iShares Core MSCI EAFE ETF by 140.8% during the 2nd quarter. National Bank of Canada FI now owns 8,449,555 shares of the company’s stock valued at $705,336,000 after purchasing an additional 4,940,406 shares during the period. Truist Financial Corp lifted its stake in shares of iShares Core MSCI EAFE ETF by 40.1% during the 2nd quarter. Truist Financial Corp now owns 15,245,913 shares of the company’s stock valued at $1,272,729,000 after buying an additional 4,362,206 shares in the last quarter. Finally, Envestnet Asset Management Inc. lifted its stake in shares of iShares Core MSCI EAFE ETF by 10.1% during the 2nd quarter. Envestnet Asset Management Inc. now owns 40,235,704 shares of the company’s stock valued at $3,358,875,000 after buying an additional 3,675,689 shares in the last quarter.

iShares Core MSCI EAFE ETF Stock Performance

Shares of IEFA stock opened at $89.73 on Wednesday. The stock has a fifty day simple moving average of $88.41 and a two-hundred day simple moving average of $86.07. The firm has a market capitalization of $153.44 billion, a PE ratio of 16.18 and a beta of 0.84. iShares Core MSCI EAFE ETF has a 52-week low of $66.95 and a 52-week high of $87.36.

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.