Cullen Frost Bankers Inc. Lowers Stake in iShares Core MSCI EAFE ETF $IEFA

Cullen Frost Bankers Inc. lessened its stake in shares of iShares Core MSCI EAFE ETF (BATS:IEFA) by 11.5% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 57,679 shares of the company’s stock after selling 7,519 shares during the quarter. Cullen Frost Bankers Inc.’s holdings in iShares Core MSCI EAFE ETF were worth $5,036,000 at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in IEFA. Bank of America Corp DE grew its stake in 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 valued at $18,367,730,000 after purchasing an additional 5,414,037 shares during the last quarter. Envestnet Asset Management Inc. boosted its holdings in shares of iShares Core MSCI EAFE ETF by 10.1% in 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. Raymond James Financial Inc. grew its position in shares of iShares Core MSCI EAFE ETF by 2.9% in the 2nd quarter. Raymond James Financial Inc. now owns 38,892,517 shares of the company’s stock worth $3,246,747,000 after buying an additional 1,109,663 shares during the last quarter. US Bancorp DE raised its stake in shares of iShares Core MSCI EAFE ETF by 0.7% during the 2nd quarter. US Bancorp DE now owns 34,386,264 shares of the company’s stock worth $2,870,592,000 after acquiring an additional 239,082 shares in the last quarter. Finally, Bank of New York Mellon Corp raised its stake in shares of iShares Core MSCI EAFE ETF by 0.9% during the 2nd quarter. Bank of New York Mellon Corp now owns 32,560,687 shares of the company’s stock worth $2,718,166,000 after acquiring an additional 284,262 shares in the last quarter.

iShares Core MSCI EAFE ETF Stock Up 33.8%

Shares of IEFA opened at $93.33 on Monday. The company has a 50 day moving average of $89.77 and a two-hundred day moving average of $87.49. iShares Core MSCI EAFE ETF has a twelve month low of $66.95 and a twelve month high of $87.36. The company has a market cap of $159.60 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.