iShares Core MSCI EAFE ETF (BATS:IEFA) Stake Boosted by RMR Wealth Builders

RMR Wealth Builders increased its holdings in iShares Core MSCI EAFE ETF (BATS:IEFA) by 9.6% in the fourth quarter, Holdings Channel reports. The fund owned 534,340 shares of the company’s stock after purchasing an additional 46,766 shares during the quarter. iShares Core MSCI EAFE ETF accounts for approximately 3.9% of RMR Wealth Builders’ portfolio, making the stock its 6th largest position. RMR Wealth Builders’ holdings in iShares Core MSCI EAFE ETF were worth $37,553,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in IEFA. Envestnet Asset Management Inc. increased its holdings in shares of iShares Core MSCI EAFE ETF by 2.7% during the second quarter. Envestnet Asset Management Inc. now owns 38,878,766 shares of the company’s stock valued at $2,824,154,000 after acquiring an additional 1,020,859 shares in the last quarter. LPL Financial LLC lifted its holdings in shares of iShares Core MSCI EAFE ETF by 4.3% in the 3rd quarter. LPL Financial LLC now owns 36,275,934 shares of the company’s stock valued at $2,831,337,000 after buying an additional 1,506,562 shares during the period. US Bancorp DE boosted its stake in shares of iShares Core MSCI EAFE ETF by 2.0% in the third quarter. US Bancorp DE now owns 32,868,438 shares of the company’s stock worth $2,565,395,000 after buying an additional 656,213 shares during the last quarter. Raymond James & Associates grew its holdings in 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 acquiring an additional 281,791 shares during the period. Finally, Northwestern Mutual Wealth Management Co. lifted its holdings in 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 valued at $2,067,316,000 after acquiring an additional 561,317 shares during the period.

iShares Core MSCI EAFE ETF Price Performance

IEFA stock traded down $0.16 during midday trading on Friday, hitting $70.83. 6,879,856 shares of the stock traded hands. iShares Core MSCI EAFE ETF has a 1-year low of $56.55 and a 1-year high of $70.84. The firm has a market cap of $111.20 billion, a P/E ratio of 14.38 and a beta of 0.82. The stock’s fifty day simple moving average is $72.36 and its 200-day simple moving average is $74.07.

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.