Independent Financial Group LLC Buys New Stake in iShares Core MSCI EAFE ETF $IEFA

Independent Financial Group LLC bought a new position in iShares Core MSCI EAFE ETF (BATS:IEFA) during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm bought 21,780 shares of the company’s stock, valued at approximately $1,972,000.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. JPMorgan Chase & Co. increased its stake in shares of iShares Core MSCI EAFE ETF by 179.9% in the fourth quarter. JPMorgan Chase & Co. now owns 18,177,164 shares of the company’s stock worth $1,626,129,000 after purchasing an additional 40,918,156 shares during the period. Raymond James Financial Inc. boosted its stake in iShares Core MSCI EAFE ETF by 15.0% during the 4th quarter. Raymond James Financial Inc. now owns 43,144,722 shares of the company’s stock valued at $3,859,727,000 after purchasing an additional 5,635,481 shares during the period. Morgan Stanley grew its holdings in iShares Core MSCI EAFE ETF by 4.9% in the 4th quarter. Morgan Stanley now owns 104,883,248 shares of the company’s stock valued at $9,382,856,000 after buying an additional 4,892,313 shares during the last quarter. Bank of New York Mellon Corp grew its holdings in iShares Core MSCI EAFE ETF by 8.4% in the 1st quarter. Bank of New York Mellon Corp now owns 38,117,521 shares of the company’s stock valued at $3,450,779,000 after buying an additional 2,957,022 shares during the last quarter. Finally, Bank of America Corp DE grew its holdings in iShares Core MSCI EAFE ETF by 1.3% in the 4th quarter. Bank of America Corp DE now owns 227,762,243 shares of the company’s stock valued at $20,375,610,000 after buying an additional 2,898,995 shares during the last quarter.

iShares Core MSCI EAFE ETF Price Performance

Shares of BATS IEFA opened at $96.25 on Monday. iShares Core MSCI EAFE ETF has a 12 month low of $81.17 and a 12 month high of $98.83. The company has a market cap of $164.59 billion, a P/E ratio of 16.18 and a beta of 0.84. The business’s 50 day moving average is $96.86 and its two-hundred day moving average is $94.82.

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.