Raymond James Financial Inc. Makes New $2.64 Billion Investment in iShares Core MSCI EAFE ETF (BATS:IEFA)

Raymond James Financial Inc. acquired a new position in shares of iShares Core MSCI EAFE ETF (BATS:IEFA) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 37,524,265 shares of the company’s stock, valued at approximately $2,637,205,000. iShares Core MSCI EAFE ETF accounts for approximately 1.0% of Raymond James Financial Inc.’s portfolio, making the stock its 10th biggest holding.

Other institutional investors have also recently bought and sold shares of the company. Farmers & Merchants Trust Co of Chambersburg PA acquired a new stake in iShares Core MSCI EAFE ETF during the 4th quarter worth about $29,000. Darwin Wealth Management LLC acquired a new stake in iShares Core MSCI EAFE ETF during the 3rd quarter worth about $30,000. Comprehensive Financial Planning Inc. PA acquired a new stake in iShares Core MSCI EAFE ETF during the 4th quarter worth about $30,000. Financial Life Planners acquired a new stake in shares of iShares Core MSCI EAFE ETF during the 4th quarter valued at about $33,000. Finally, Union Savings Bank lifted its holdings in shares of iShares Core MSCI EAFE ETF by 39.6% during the 4th quarter. Union Savings Bank now owns 501 shares of the company’s stock valued at $35,000 after buying an additional 142 shares during the last quarter.

iShares Core MSCI EAFE ETF Price Performance

Shares of iShares Core MSCI EAFE ETF stock opened at $78.12 on Thursday. The firm has a market cap of $131.23 billion, a price-to-earnings ratio of 16.99 and a beta of 0.89. iShares Core MSCI EAFE ETF has a 52-week low of $56.55 and a 52-week high of $70.84. The stock has a 50-day simple moving average of $73.17 and a 200-day simple moving average of $74.23.

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.