Kelleher Financial Advisors Buys New Position in iShares Core MSCI EAFE ETF $IEFA

Kelleher Financial Advisors purchased a new stake in iShares Core MSCI EAFE ETF (BATS:IEFA) during the third quarter, HoldingsChannel.com reports. The fund purchased 11,321 shares of the company’s stock, valued at approximately $1,097,000.

Several other institutional investors and hedge funds also recently made changes to their positions in IEFA. Bank of New York Mellon Corp raised its holdings in shares of iShares Core MSCI EAFE ETF by 8.4% during the first quarter. Bank of New York Mellon Corp now owns 38,117,521 shares of the company’s stock worth $3,450,779,000 after acquiring an additional 2,957,022 shares during the period. PNC Financial Services Group Inc. lifted its position in iShares Core MSCI EAFE ETF by 0.4% in the 1st quarter. PNC Financial Services Group Inc. now owns 16,811,167 shares of the company’s stock valued at $1,521,915,000 after acquiring an additional 68,617 shares in the last quarter. Cetera Investment Advisers boosted its stake in iShares Core MSCI EAFE ETF by 6.7% in the 1st quarter. Cetera Investment Advisers now owns 11,479,180 shares of the company’s stock worth $1,039,210,000 after purchasing an additional 720,499 shares during the period. Royal Bank of Canada boosted its stake in iShares Core MSCI EAFE ETF by 0.3% in the 1st quarter. Royal Bank of Canada now owns 8,847,558 shares of the company’s stock worth $800,969,000 after purchasing an additional 28,030 shares during the period. Finally, Assetmark Inc. boosted its stake in iShares Core MSCI EAFE ETF by 4.9% in the 1st quarter. Assetmark Inc. now owns 8,778,321 shares of the company’s stock worth $794,701,000 after purchasing an additional 413,330 shares during the period.

iShares Core MSCI EAFE ETF Trading Up 2.5%

IEFA stock opened at $98.48 on Thursday. The stock has a 50-day moving average price of $97.83 and a two-hundred day moving average price of $96.36. The stock has a market cap of $168.40 billion, a PE ratio of 16.18 and a beta of 0.84. iShares Core MSCI EAFE ETF has a 1 year low of $85.03 and a 1 year high of $101.44.

iShares Core MSCI EAFE ETF 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.