Hobbs Group Advisors LLC Purchases 739 Shares of iShares Core MSCI EAFE ETF $IEFA

Hobbs Group Advisors LLC lifted its position in shares of iShares Core MSCI EAFE ETF (BATS:IEFA) by 2.3% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 32,946 shares of the company’s stock after buying an additional 739 shares during the quarter. iShares Core MSCI EAFE ETF makes up 0.9% of Hobbs Group Advisors LLC’s holdings, making the stock its 21st largest holding. Hobbs Group Advisors LLC’s holdings in iShares Core MSCI EAFE ETF were worth $2,750,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in IEFA. Alaska Permanent Fund Corp grew its position in shares of iShares Core MSCI EAFE ETF by 198.2% during the 1st quarter. Alaska Permanent Fund Corp now owns 7,583,471 shares of the company’s stock worth $596,895,000 after buying an additional 5,040,373 shares in the last quarter. Truist Financial Corp grew its position in shares of iShares Core MSCI EAFE ETF by 40.1% during the 2nd quarter. Truist Financial Corp now owns 15,245,913 shares of the company’s stock worth $1,272,729,000 after buying an additional 4,362,206 shares in the last quarter. National Bank of Canada FI boosted its position in iShares Core MSCI EAFE ETF by 308.9% during the first quarter. National Bank of Canada FI now owns 3,509,149 shares of the company’s stock valued at $265,438,000 after purchasing an additional 2,651,047 shares in the last quarter. Bank of New York Mellon Corp boosted its position in iShares Core MSCI EAFE ETF by 7.2% during the first quarter. Bank of New York Mellon Corp now owns 32,276,425 shares of the company’s stock valued at $2,441,712,000 after purchasing an additional 2,175,194 shares in the last quarter. Finally, Nuveen LLC bought a new stake in iShares Core MSCI EAFE ETF during the first quarter valued at about $140,348,000.

iShares Core MSCI EAFE ETF Price Performance

Shares of IEFA stock opened at $86.09 on Friday. iShares Core MSCI EAFE ETF has a 1-year low of $66.95 and a 1-year high of $87.36. The stock’s 50-day moving average is $86.26 and its 200 day moving average is $82.15. The company has a market cap of $147.22 billion, a P/E ratio of 16.18 and a beta of 0.84.

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.