Iowa State Bank Makes New $35.41 Million Investment in iShares Core MSCI EAFE ETF $IEFA

Iowa State Bank bought a new position in iShares Core MSCI EAFE ETF (BATS:IEFA) in the 3rd quarter, according to its most recent filing with the SEC. The institutional investor bought 365,493 shares of the company’s stock, valued at approximately $35,409,000. iShares Core MSCI EAFE ETF accounts for 5.7% of Iowa State Bank’s holdings, making the stock its biggest holding.

A number of other hedge funds and other institutional investors have also made changes to their positions in IEFA. Robinswood Financial LLC bought a new stake in shares of iShares Core MSCI EAFE ETF in the first quarter valued at about $26,000. Kopp Family Office LLC bought a new position in iShares Core MSCI EAFE ETF during the 2nd quarter worth about $26,000. Security National Bank of Sioux City Iowa IA purchased a new position in iShares Core MSCI EAFE ETF during the 2nd quarter valued at about $31,000. Duncker Streett & Co. Inc. increased its position in iShares Core MSCI EAFE ETF by 88.3% during the 1st quarter. Duncker Streett & Co. Inc. now owns 354 shares of the company’s stock valued at $32,000 after purchasing an additional 166 shares during the period. Finally, Horizons Wealth Management bought a new stake in shares of iShares Core MSCI EAFE ETF in the 3rd quarter valued at about $32,000.

iShares Core MSCI EAFE ETF Trading Up 0.3%

Shares of IEFA traded up $0.27 during mid-day trading on Tuesday, hitting $97.39. The company’s stock had a trading volume of 3,844,380 shares, compared to its average volume of 12,110,562. The company’s 50-day moving average is $99.36 and its 200-day moving average is $96.82. iShares Core MSCI EAFE ETF has a 52-week low of $85.03 and a 52-week high of $101.44. The firm has a market capitalization of $166.53 billion, a price-to-earnings 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.