Ade LLC has raised its position in the iShares Core MSCI EAFE ETF (BATS:IEFA) by 3.4% during the first quarter of 2023, according to a report from Holdings Channel. The institutional investor now holds 59,137 shares of the ETF after acquiring an additional 1,933 shares during the quarter. This investment accounts for approximately 2.6% of Ade LLC’s overall portfolio, positioning the ETF as the firm’s 11th largest holding. As of the end of March 2023, Ade LLC’s stake in the ETF was valued at $4,474,000.
Several other significant investors have also adjusted their holdings in the iShares Core MSCI EAFE ETF recently. For instance, Bank of America Corp DE increased its stake by 5.0% during the fourth quarter of 2022, bringing its total ownership to 191,738,074 shares, valued at approximately $13.48 billion. Similarly, Wells Fargo & Company MN raised its investment by 5.4%, now holding 65,745,847 shares worth about $4.62 billion.
In addition, TIAA Trust National Association enhanced its position by 4.9%, acquiring 55,081,925 shares valued at roughly $3.87 billion. Another notable increase came from LPL Financial LLC, which raised its stake by 7.0%, now owning 38,824,556 shares valued at around $2.73 billion. Lastly, Bank of New York Mellon Corp increased its stake by 7.2% in the first quarter, owning 32,276,425 shares valued at approximately $2.44 billion.
iShares Core MSCI EAFE ETF Performance
On the trading front, shares of the iShares Core MSCI EAFE ETF opened at $83.86 on Friday. The ETF has experienced fluctuations over the past year, with a 12-month low of $66.95 and a 12-month high of $84.22. The fund boasts a market capitalization of $143.40 billion, a price-to-earnings ratio of 16.18, and a beta of 0.84. Its 50-day simple moving average stands at $82.07, while the 200-day simple moving average is at $76.95.
The iShares Core MSCI EAFE ETF, launched on October 18, 2012, is managed by BlackRock. It tracks the MSCI EAFE IMI index, which includes a market-cap-weighted selection of developed-market stocks from Europe, Australasia, and the Far East, excluding North America.
Investors looking to stay updated on the latest changes in holdings for the iShares Core MSCI EAFE ETF can visit HoldingsChannel.com for the most recent 13F filings and insider trades. Additionally, MarketBeat.com offers a free daily email newsletter summarizing the latest news and analysts’ ratings for this ETF and other related companies.