Magnus Financial Group LLC Raises Stock Position in iShares Core MSCI EAFE ETF $IEFA

Magnus Financial Group LLC grew its holdings in shares of iShares Core MSCI EAFE ETF (BATS:IEFA) by 14.9% during the second quarter, Holdings Channel reports. The firm owned 26,890 shares of the company’s stock after purchasing an additional 3,483 shares during the quarter. Magnus Financial Group LLC’s holdings in iShares Core MSCI EAFE ETF were worth $2,245,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Alaska Permanent Fund Corp increased its stake in shares of iShares Core MSCI EAFE ETF by 198.2% during the first quarter. Alaska Permanent Fund Corp now owns 7,583,471 shares of the company’s stock worth $596,895,000 after buying an additional 5,040,373 shares during the period. National Bank of Canada FI increased its stake in shares of iShares Core MSCI EAFE ETF by 308.9% during the first quarter. National Bank of Canada FI now owns 3,509,149 shares of the company’s stock worth $265,438,000 after buying an additional 2,651,047 shares during the period. Bank of New York Mellon Corp increased its stake in shares of iShares Core MSCI EAFE ETF by 7.2% during the first quarter. Bank of New York Mellon Corp now owns 32,276,425 shares of the company’s stock worth $2,441,712,000 after buying an additional 2,175,194 shares during the period. Truist Financial Corp increased its stake in shares of iShares Core MSCI EAFE ETF by 22.6% during the first quarter. Truist Financial Corp now owns 10,883,707 shares of the company’s stock worth $823,352,000 after buying an additional 2,005,829 shares during the period. Finally, Nuveen LLC purchased a new stake in shares of iShares Core MSCI EAFE ETF during the first quarter worth approximately $140,348,000.

iShares Core MSCI EAFE ETF Stock Up 24.0%

Shares of iShares Core MSCI EAFE ETF stock opened at $86.52 on Thursday. The firm has a market capitalization of $147.94 billion, a P/E 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. The firm’s 50 day moving average is $85.23 and its two-hundred day moving average is $81.34.

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.