Truist Financial Corp Grows Stock Position in iShares Core MSCI EAFE ETF (BATS:IEFA)

Truist Financial Corp raised its holdings in iShares Core MSCI EAFE ETF (BATS:IEFA) by 22.4% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 8,877,878 shares of the company’s stock after buying an additional 1,626,219 shares during the quarter. iShares Core MSCI EAFE ETF makes up approximately 1.0% of Truist Financial Corp’s holdings, making the stock its 16th largest holding. Truist Financial Corp owned 0.57% of iShares Core MSCI EAFE ETF worth $623,937,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds also recently modified their holdings of the company. Chan Zuckerberg Initiative LLC purchased a new position in shares of iShares Core MSCI EAFE ETF in the 3rd quarter worth $86,526,000. Confluence Investment Management LLC acquired a new position in shares of iShares Core MSCI EAFE ETF in the 4th quarter valued at about $284,000. Shepherd Financial Partners LLC lifted its stake in shares of iShares Core MSCI EAFE ETF by 0.3% in the 4th quarter. Shepherd Financial Partners LLC now owns 686,669 shares of the company’s stock valued at $48,259,000 after purchasing an additional 1,730 shares in the last quarter. GAMMA Investing LLC grew its holdings in shares of iShares Core MSCI EAFE ETF by 21.4% during the 4th quarter. GAMMA Investing LLC now owns 12,326 shares of the company’s stock worth $866,000 after purchasing an additional 2,176 shares during the period. Finally, PBMares Wealth Management LLC increased its position in iShares Core MSCI EAFE ETF by 14.6% during the 4th quarter. PBMares Wealth Management LLC now owns 4,651 shares of the company’s stock worth $327,000 after purchasing an additional 594 shares in the last quarter.

iShares Core MSCI EAFE ETF Stock Up 8.9 %

Shares of IEFA stock opened at $75.99 on Monday. iShares Core MSCI EAFE ETF has a fifty-two week low of $56.55 and a fifty-two week high of $70.84. The firm’s 50 day moving average price is $72.28 and its two-hundred day moving average price is $73.92. The stock has a market cap of $119.30 billion, a price-to-earnings ratio of 14.38 and a beta of 0.82.

About iShares Core MSCI EAFE ETF

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.