Moneywise Inc. Boosts Position in iShares Core MSCI EAFE ETF $IEFA

Moneywise Inc. raised its stake in iShares Core MSCI EAFE ETF (BATS:IEFA) by 25.6% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 115,293 shares of the company’s stock after buying an additional 23,530 shares during the quarter. iShares Core MSCI EAFE ETF accounts for approximately 4.3% of Moneywise Inc.’s holdings, making the stock its 7th biggest holding. Moneywise Inc.’s holdings in iShares Core MSCI EAFE ETF were worth $10,314,000 as of its most recent filing with the SEC.

A number of other hedge funds also recently added to or reduced their stakes in IEFA. Revolve Wealth Partners LLC lifted its stake in iShares Core MSCI EAFE ETF by 3.8% in the fourth quarter. Revolve Wealth Partners LLC now owns 551,668 shares of the company’s stock valued at $38,771,000 after buying an additional 19,941 shares during the last quarter. First Trust Advisors LP bought a new stake in iShares Core MSCI EAFE ETF in the second quarter valued at $238,000. Gamco Investors INC. ET AL bought a new stake in iShares Core MSCI EAFE ETF in the second quarter valued at $1,160,000. Bank of Nova Scotia bought a new stake in iShares Core MSCI EAFE ETF in the second quarter valued at $217,000. Finally, Squarepoint Ops LLC bought a new stake in iShares Core MSCI EAFE ETF in the second quarter valued at $2,102,000.

iShares Core MSCI EAFE ETF Stock Up 0.6%

Shares of BATS IEFA opened at $97.14 on Thursday. iShares Core MSCI EAFE ETF has a fifty-two week low of $79.82 and a fifty-two week high of $98.83. The firm’s 50-day simple moving average is $93.26 and its 200 day simple moving average is $92.07. The stock has a market cap of $166.11 billion, a P/E ratio of 16.18 and a beta of 0.84.

iShares Core MSCI EAFE ETF Company 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.