Royal Bank of Canada Has $584.04 Million Stake in iShares Core MSCI EAFE ETF $IEFA

Royal Bank of Canada boosted its position in iShares Core MSCI EAFE ETF (BATS:IEFA) by 4.3% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 7,720,294 shares of the company’s stock after buying an additional 315,461 shares during the period. Royal Bank of Canada owned approximately 0.46% of iShares Core MSCI EAFE ETF worth $584,041,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. FSA Advisors Inc. acquired a new position in iShares Core MSCI EAFE ETF in the first quarter valued at $278,000. Coastal Bridge Advisors LLC lifted its holdings in iShares Core MSCI EAFE ETF by 7.1% in the first quarter. Coastal Bridge Advisors LLC now owns 39,634 shares of the company’s stock valued at $2,998,000 after buying an additional 2,627 shares during the period. Cooper Financial Group lifted its holdings in iShares Core MSCI EAFE ETF by 18.0% in the first quarter. Cooper Financial Group now owns 18,818 shares of the company’s stock valued at $1,424,000 after buying an additional 2,870 shares during the period. Millennium Management LLC acquired a new position in iShares Core MSCI EAFE ETF in the fourth quarter valued at $225,000. Finally, GAMMA Investing LLC lifted its holdings in iShares Core MSCI EAFE ETF by 32.8% in the first quarter. GAMMA Investing LLC now owns 16,373 shares of the company’s stock valued at $1,239,000 after buying an additional 4,047 shares during the period.

iShares Core MSCI EAFE ETF Stock Up 22.6%

IEFA stock opened at $85.55 on Monday. The firm has a market cap of $146.28 billion, a price-to-earnings ratio of 16.18 and a beta of 0.84. iShares Core MSCI EAFE ETF has a 12-month low of $66.95 and a 12-month high of $87.36. The company’s fifty day simple moving average is $83.94 and its 200 day simple moving average is $80.06.

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.