Diversify Wealth Management LLC Acquires 121,659 Shares of iShares Core MSCI EAFE ETF $IEFA

Diversify Wealth Management LLC raised its stake in iShares Core MSCI EAFE ETF (BATS:IEFA) by 582.3% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 142,552 shares of the company’s stock after purchasing an additional 121,659 shares during the period. Diversify Wealth Management LLC’s holdings in iShares Core MSCI EAFE ETF were worth $13,313,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also modified their holdings of IEFA. Towercrest Capital Management lifted its holdings in iShares Core MSCI EAFE ETF by 3.6% during the 1st quarter. Towercrest Capital Management now owns 294,340 shares of the company’s stock worth $26,650,000 after purchasing an additional 10,354 shares during the last quarter. Valmark Advisers Inc. boosted its stake in shares of iShares Core MSCI EAFE ETF by 16.5% in the first quarter. Valmark Advisers Inc. now owns 56,246 shares of the company’s stock valued at $5,092,000 after buying an additional 7,969 shares during the period. Carnegie Investment Counsel increased its stake in iShares Core MSCI EAFE ETF by 8.5% during the 1st quarter. Carnegie Investment Counsel now owns 10,422 shares of the company’s stock worth $944,000 after acquiring an additional 820 shares during the period. Welch & Forbes LLC lifted its position in shares of iShares Core MSCI EAFE ETF by 68.5% during the 1st quarter. Welch & Forbes LLC now owns 24,092 shares of the company’s stock valued at $2,181,000 after acquiring an additional 9,795 shares during the period. Finally, Ferguson Wellman Capital Management Inc. bought a new position in shares of iShares Core MSCI EAFE ETF in the first quarter worth $2,717,000.

iShares Core MSCI EAFE ETF Stock Up 0.5%

Shares of BATS:IEFA traded up $0.49 during midday trading on Friday, hitting $97.22. The stock had a trading volume of 10,850,588 shares, compared to its average volume of 13,728,511. The company has a market capitalization of $166.25 billion, a P/E ratio of 16.18 and a beta of 0.84. The company’s 50-day moving average price is $96.84 and its 200-day moving average price is $94.53. iShares Core MSCI EAFE ETF has a fifty-two week low of $81.17 and a fifty-two week 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.