iShares Core MSCI EAFE ETF (BATS:IEFA – Get Free Report) saw a significant increase in short interest in the month of October. As of October 30th, there was short interest totaling 11,500,616 shares, an increase of 90.5% from the October 15th total of 6,037,837 shares. Currently, 0.6% of the shares of the stock are sold short. Based on an average trading volume of 8,461,615 shares, the days-to-cover ratio is currently 1.4 days.
Hedge Funds Weigh In On iShares Core MSCI EAFE ETF
Several institutional investors have recently added to or reduced their stakes in IEFA. Jump Financial LLC grew its stake in iShares Core MSCI EAFE ETF by 93.3% during the third quarter. Jump Financial LLC now owns 136,169 shares of the company’s stock worth $13,192,000 after buying an additional 65,711 shares during the last quarter. Flputnam Investment Management Co. acquired a new stake in shares of iShares Core MSCI EAFE ETF during the third quarter worth approximately $465,438,000. Perennial Investment Advisors LLC raised its stake in shares of iShares Core MSCI EAFE ETF by 3.9% in the third quarter. Perennial Investment Advisors LLC now owns 36,975 shares of the company’s stock valued at $3,582,000 after acquiring an additional 1,372 shares during the last quarter. Haverford Trust Co bought a new position in shares of iShares Core MSCI EAFE ETF in the third quarter valued at approximately $316,580,000. Finally, First National Bank of Omaha bought a new position in shares of iShares Core MSCI EAFE ETF in the third quarter valued at approximately $16,272,000.
iShares Core MSCI EAFE ETF Stock Performance
Shares of BATS:IEFA traded up $0.13 on Friday, hitting $96.89. The stock had a trading volume of 12,041,031 shares, compared to its average volume of 11,800,226. The firm’s 50 day moving average price is $97.30 and its 200-day moving average price is $96.48. iShares Core MSCI EAFE ETF has a twelve month low of $85.03 and a twelve month high of $101.44. The company has a market capitalization of $191.84 billion, a price-to-earnings ratio of 16.36 and a beta of 0.80.
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.
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