Neumann Capital Management LLC Purchases New Position in iShares Core MSCI EAFE ETF $IEFA

Neumann Capital Management LLC acquired a new position in iShares Core MSCI EAFE ETF (BATS:IEFA) in the third quarter, HoldingsChannel.com reports. The firm acquired 322,813 shares of the company’s stock, valued at approximately $31,274,000. iShares Core MSCI EAFE ETF comprises about 7.9% of Neumann Capital Management LLC’s investment portfolio, making the stock its 2nd largest holding.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in IEFA. Bank of New York Mellon Corp boosted its stake in iShares Core MSCI EAFE ETF by 8.4% during the 1st quarter. Bank of New York Mellon Corp now owns 38,117,521 shares of the company’s stock valued at $3,450,779,000 after purchasing an additional 2,957,022 shares during the last quarter. PNC Financial Services Group Inc. increased its holdings in shares of iShares Core MSCI EAFE ETF by 0.4% in the 1st quarter. PNC Financial Services Group Inc. now owns 16,811,167 shares of the company’s stock worth $1,521,915,000 after purchasing an additional 68,617 shares in the last quarter. Cetera Investment Advisers increased its holdings in shares of iShares Core MSCI EAFE ETF by 6.7% in the 1st quarter. Cetera Investment Advisers now owns 11,479,180 shares of the company’s stock worth $1,039,210,000 after purchasing an additional 720,499 shares in the last quarter. Keybank National Association OH increased its holdings in shares of iShares Core MSCI EAFE ETF by 8.8% in the 1st quarter. Keybank National Association OH now owns 10,187,432 shares of the company’s stock worth $922,268,000 after purchasing an additional 822,623 shares in the last quarter. Finally, Royal Bank of Canada raised its stake in shares of iShares Core MSCI EAFE ETF by 0.3% in the first quarter. Royal Bank of Canada now owns 8,847,558 shares of the company’s stock worth $800,969,000 after purchasing an additional 28,030 shares during the last quarter.

iShares Core MSCI EAFE ETF Price Performance

IEFA stock opened at $96.62 on Friday. iShares Core MSCI EAFE ETF has a 1-year low of $85.03 and a 1-year high of $101.44. The business has a fifty day moving average price of $99.01 and a 200-day moving average price of $97.23. The stock has a market capitalization of $165.22 billion, a P/E 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.