Absolute Capital Management LLC Has $231,000 Holdings in iShares Core MSCI EAFE ETF (BATS:IEFA)

Absolute Capital Management LLC boosted its stake in iShares Core MSCI EAFE ETF (BATS:IEFA) by 7.6% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 3,289 shares of the company’s stock after purchasing an additional 232 shares during the quarter. Absolute Capital Management LLC’s holdings in iShares Core MSCI EAFE ETF were worth $231,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Chan Zuckerberg Initiative LLC acquired a new position in iShares Core MSCI EAFE ETF in the third quarter valued at about $86,526,000. Confluence Investment Management LLC acquired a new position in iShares Core MSCI EAFE ETF in the fourth quarter valued at about $284,000. Vontobel Holding Ltd. acquired a new position in iShares Core MSCI EAFE ETF in the fourth quarter valued at about $270,000. Shepherd Financial Partners LLC raised its stake in iShares Core MSCI EAFE ETF by 0.3% in the fourth quarter. Shepherd Financial Partners LLC now owns 686,669 shares of the company’s stock valued at $48,259,000 after purchasing an additional 1,730 shares in the last quarter. Finally, GAMMA Investing LLC raised its stake in iShares Core MSCI EAFE ETF by 21.4% in the fourth quarter. GAMMA Investing LLC now owns 12,326 shares of the company’s stock valued at $866,000 after purchasing an additional 2,176 shares in the last quarter.

iShares Core MSCI EAFE ETF Stock Up 11.8 %

IEFA stock opened at $78.03 on Friday. The company has a market cap of $131.10 billion, a PE ratio of 16.46 and a beta of 0.88. iShares Core MSCI EAFE ETF has a 52 week low of $68.74 and a 52 week high of $78.95. The business has a 50-day simple moving average of $74.83 and a 200 day simple moving average of $74.35.

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.