Fragasso Financial Advisors Inc Has $77.47 Million Stake in iShares Core MSCI EAFE ETF (BATS:IEFA)

Fragasso Financial Advisors Inc increased its stake in iShares Core MSCI EAFE ETF (BATS:IEFA) by 7.4% during the fourth quarter, according to its most recent filing with the SEC. The fund owned 1,102,272 shares of the company’s stock after buying an additional 76,337 shares during the quarter. iShares Core MSCI EAFE ETF accounts for approximately 5.9% of Fragasso Financial Advisors Inc’s portfolio, making the stock its 3rd largest holding. Fragasso Financial Advisors Inc owned 0.07% of iShares Core MSCI EAFE ETF worth $77,468,000 as of its most recent SEC filing.

Other institutional investors also recently added to or reduced their stakes in the company. LPL Financial LLC lifted its position in shares of iShares Core MSCI EAFE ETF by 4.3% during the third quarter. LPL Financial LLC now owns 36,275,934 shares of the company’s stock worth $2,831,337,000 after acquiring an additional 1,506,562 shares in the last quarter. US Bancorp DE boosted its position in shares of iShares Core MSCI EAFE ETF by 2.0% during the 3rd quarter. US Bancorp DE now owns 32,868,438 shares of the company’s stock valued at $2,565,395,000 after acquiring an additional 656,213 shares during the last quarter. Raymond James & Associates grew its holdings in shares of iShares Core MSCI EAFE ETF by 0.9% during the third quarter. Raymond James & Associates now owns 30,028,727 shares of the company’s stock worth $2,343,742,000 after purchasing an additional 281,791 shares in the last quarter. Northwestern Mutual Wealth Management Co. increased its position in shares of iShares Core MSCI EAFE ETF by 2.0% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 28,459,754 shares of the company’s stock worth $2,067,316,000 after purchasing an additional 561,317 shares during the last quarter. Finally, FMR LLC lifted its position in iShares Core MSCI EAFE ETF by 0.4% during the third quarter. FMR LLC now owns 19,246,834 shares of the company’s stock valued at $1,502,215,000 after purchasing an additional 72,670 shares during the last quarter.

iShares Core MSCI EAFE ETF Stock Down 1.5 %

BATS:IEFA traded down $1.08 during midday trading on Monday, hitting $69.75. The company had a trading volume of 11,696,625 shares. The company has a market capitalization of $109.51 billion, a PE ratio of 14.38 and a beta of 0.82. iShares Core MSCI EAFE ETF has a 52-week low of $56.55 and a 52-week high of $70.84. The stock’s fifty day moving average price is $72.29 and its 200-day moving average price is $74.07.

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.