M&T Bank Corp Purchases 171,656 Shares of iShares Core MSCI EAFE ETF (BATS:IEFA)

M&T Bank Corp boosted its position in iShares Core MSCI EAFE ETF (BATS:IEFA) by 1.2% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 14,214,365 shares of the company’s stock after acquiring an additional 171,656 shares during the quarter. iShares Core MSCI EAFE ETF accounts for 3.3% of M&T Bank Corp’s investment portfolio, making the stock its 3rd biggest position. M&T Bank Corp owned 0.91% of iShares Core MSCI EAFE ETF worth $998,986,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Farmers & Merchants Trust Co of Chambersburg PA purchased a new position in iShares Core MSCI EAFE ETF in the fourth quarter valued at about $29,000. Darwin Wealth Management LLC purchased a new position in iShares Core MSCI EAFE ETF in the third quarter valued at about $30,000. Comprehensive Financial Planning Inc. PA purchased a new position in iShares Core MSCI EAFE ETF in the fourth quarter valued at about $30,000. Financial Life Planners purchased a new position in iShares Core MSCI EAFE ETF in the fourth quarter valued at about $33,000. Finally, Union Savings Bank raised its position in iShares Core MSCI EAFE ETF by 39.6% in the fourth quarter. Union Savings Bank now owns 501 shares of the company’s stock valued at $35,000 after purchasing an additional 142 shares during the period.

iShares Core MSCI EAFE ETF Price Performance

BATS:IEFA opened at $76.32 on Wednesday. iShares Core MSCI EAFE ETF has a 12 month low of $56.55 and a 12 month high of $70.84. The firm has a market capitalization of $128.21 billion, a PE ratio of 16.99 and a beta of 0.89. The business’s 50-day moving average is $73.05 and its two-hundred day moving average is $74.22.

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.