Fortune Financial Group Inc. Invests $1.17 Million in iShares Core MSCI EAFE ETF $IEFA

Fortune Financial Group Inc. purchased a new position in iShares Core MSCI EAFE ETF (BATS:IEFA) in the fourth quarter, Holdings Channel reports. The institutional investor purchased 13,073 shares of the company’s stock, valued at approximately $1,170,000. iShares Core MSCI EAFE ETF comprises 1.2% of Fortune Financial Group Inc.’s investment portfolio, making the stock its 20th largest holding.

A number of other large investors have also recently made changes to their positions in the stock. LGL Partners LLC boosted its holdings in shares of iShares Core MSCI EAFE ETF by 0.3% in the fourth quarter. LGL Partners LLC now owns 33,979 shares of the company’s stock worth $3,040,000 after acquiring an additional 108 shares during the period. Insight Inv LLC boosted its holdings in shares of iShares Core MSCI EAFE ETF by 2.4% in the fourth quarter. Insight Inv LLC now owns 4,781 shares of the company’s stock worth $428,000 after acquiring an additional 110 shares during the period. Fairvoy Private Wealth LLC boosted its holdings in shares of iShares Core MSCI EAFE ETF by 4.6% in the fourth quarter. Fairvoy Private Wealth LLC now owns 2,530 shares of the company’s stock worth $226,000 after acquiring an additional 111 shares during the period. GW&K Investment Management LLC increased its holdings in iShares Core MSCI EAFE ETF by 0.9% during the 4th quarter. GW&K Investment Management LLC now owns 12,993 shares of the company’s stock worth $1,162,000 after acquiring an additional 111 shares during the period. Finally, Holland Advisory Services Inc. increased its holdings in iShares Core MSCI EAFE ETF by 1.0% during the 4th quarter. Holland Advisory Services Inc. now owns 11,073 shares of the company’s stock worth $991,000 after acquiring an additional 112 shares during the period.

iShares Core MSCI EAFE ETF Trading Down 1.4%

iShares Core MSCI EAFE ETF stock opened at $94.87 on Thursday. The firm’s 50 day simple moving average is $95.76 and its 200 day simple moving average is $93.31. The firm has a market capitalization of $162.23 billion, a PE ratio of 16.18 and a beta of 0.84. iShares Core MSCI EAFE ETF has a 1-year low of $79.82 and a 1-year high of $98.83.

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.