Novare Capital Management LLC Makes New $8.35 Million Investment in iShares Core MSCI EAFE ETF $IEFA

Novare Capital Management LLC bought a new position in iShares Core MSCI EAFE ETF (BATS:IEFA) during the first quarter, Holdings Channel reports. The fund bought 92,181 shares of the company’s stock, valued at approximately $8,345,000.

Several other institutional investors also recently modified their holdings of the business. JPMorgan Chase & Co. boosted its stake in iShares Core MSCI EAFE ETF by 179.9% during the fourth quarter. JPMorgan Chase & Co. now owns 18,177,164 shares of the company’s stock worth $1,626,129,000 after acquiring an additional 40,918,156 shares in the last quarter. Bank of Montreal Can increased its stake in shares of iShares Core MSCI EAFE ETF by 109.0% during the third quarter. Bank of Montreal Can now owns 13,626,889 shares of the company’s stock valued at $1,189,764,000 after purchasing an additional 7,107,210 shares in the last quarter. Raymond James Financial Inc. increased its stake in shares of iShares Core MSCI EAFE ETF by 15.0% during the fourth quarter. Raymond James Financial Inc. now owns 43,144,722 shares of the company’s stock valued at $3,859,727,000 after purchasing an additional 5,635,481 shares in the last quarter. Morgan Stanley lifted its holdings in shares of iShares Core MSCI EAFE ETF by 4.9% during the fourth quarter. Morgan Stanley now owns 104,883,248 shares of the company’s stock valued at $9,382,856,000 after purchasing an additional 4,892,313 shares during the last quarter. Finally, Bank of America Corp DE lifted its holdings in shares of iShares Core MSCI EAFE ETF by 2.2% during the third quarter. Bank of America Corp DE now owns 224,863,248 shares of the company’s stock valued at $19,632,810,000 after purchasing an additional 4,837,732 shares during the last quarter.

iShares Core MSCI EAFE ETF Stock Up 0.1%

Shares of IEFA opened at $97.39 on Tuesday. The business’s 50 day moving average price is $96.55 and its 200-day moving average price is $93.85. iShares Core MSCI EAFE ETF has a 52 week low of $79.82 and a 52 week high of $98.83. The stock has a market cap of $166.54 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.