Penney Financial LLC Boosts Holdings in iShares Core MSCI EAFE ETF $IEFA

Penney Financial LLC raised its stake in shares of iShares Core MSCI EAFE ETF (BATS:IEFA) by 5.7% during the 2nd quarter, HoldingsChannel.com reports. The firm owned 102,057 shares of the company’s stock after acquiring an additional 5,499 shares during the quarter. iShares Core MSCI EAFE ETF accounts for 4.3% of Penney Financial LLC’s holdings, making the stock its 4th largest position. Penney Financial LLC’s holdings in iShares Core MSCI EAFE ETF were worth $8,520,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in IEFA. Revolve Wealth Partners LLC increased its holdings in shares of iShares Core MSCI EAFE ETF by 3.8% during the 4th quarter. Revolve Wealth Partners LLC now owns 551,668 shares of the company’s stock worth $38,771,000 after purchasing an additional 19,941 shares during the period. Millennium Management LLC bought a new position in shares of iShares Core MSCI EAFE ETF during the 4th quarter worth about $225,000. First National Bank Sioux Falls increased its holdings in shares of iShares Core MSCI EAFE ETF by 7.8% during the 1st quarter. First National Bank Sioux Falls now owns 9,167 shares of the company’s stock worth $693,000 after purchasing an additional 664 shares during the period. GAMMA Investing LLC increased its holdings in shares of iShares Core MSCI EAFE ETF by 32.8% during the 1st quarter. GAMMA Investing LLC now owns 16,373 shares of the company’s stock worth $1,239,000 after purchasing an additional 4,047 shares during the period. Finally, Simplicity Wealth LLC increased its stake in iShares Core MSCI EAFE ETF by 37.9% in the first quarter. Simplicity Wealth LLC now owns 39,467 shares of the company’s stock valued at $2,986,000 after acquiring an additional 10,848 shares during the period.

iShares Core MSCI EAFE ETF Stock Up 26.4%

BATS IEFA opened at $88.20 on Wednesday. The stock has a market cap of $150.81 billion, a P/E ratio of 16.18 and a beta of 0.84. The company’s 50-day simple moving average is $85.93 and its 200 day simple moving average is $81.97. iShares Core MSCI EAFE ETF has a twelve month low of $66.95 and a twelve month high of $87.36.

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.