First United Bank & Trust Increases Stock Holdings in iShares Core MSCI EAFE ETF $IEFA

First United Bank & Trust lifted its stake in iShares Core MSCI EAFE ETF (BATS:IEFA) by 28.5% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 102,007 shares of the company’s stock after acquiring an additional 22,610 shares during the period. iShares Core MSCI EAFE ETF accounts for 3.0% of First United Bank & Trust’s portfolio, making the stock its 7th largest position. First United Bank & Trust’s holdings in iShares Core MSCI EAFE ETF were worth $9,235,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds 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 1.3% in the fourth quarter. Bank of America Corp DE now owns 227,762,243 shares of the company’s stock valued at $20,375,610,000 after purchasing an additional 2,898,995 shares during the last quarter. Morgan Stanley lifted its position in shares of iShares Core MSCI EAFE ETF by 4.9% during the fourth quarter. Morgan Stanley now owns 104,883,248 shares of the company’s stock valued at $9,382,856,000 after buying an additional 4,892,313 shares during the last quarter. Wells Fargo & Company MN boosted its holdings in shares of iShares Core MSCI EAFE ETF by 3.8% in the 4th quarter. Wells Fargo & Company MN now owns 79,118,875 shares of the company’s stock valued at $7,077,975,000 after buying an additional 2,898,461 shares in the last quarter. TIAA Trust National Association grew its position in shares of iShares Core MSCI EAFE ETF by 1.7% in the 3rd quarter. TIAA Trust National Association now owns 47,576,490 shares of the company’s stock worth $4,143,178,000 after buying an additional 786,918 shares during the last quarter. Finally, Raymond James Financial Inc. grew its position in shares of iShares Core MSCI EAFE ETF by 15.0% in the 4th quarter. Raymond James Financial Inc. now owns 43,144,722 shares of the company’s stock worth $3,859,727,000 after buying an additional 5,635,481 shares during the last quarter.

iShares Core MSCI EAFE ETF Stock Down 0.6%

BATS:IEFA opened at $95.49 on Friday. The stock has a market capitalization of $163.29 billion, a price-to-earnings ratio of 16.18 and a beta of 0.84. iShares Core MSCI EAFE ETF has a 52 week low of $81.17 and a 52 week high of $98.83. The firm has a 50 day moving average of $96.51 and a 200 day moving average of $93.99.

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.