RiverFront Investment Group LLC Raises Position in iShares Core MSCI EAFE ETF (BATS:IEFA)

RiverFront Investment Group LLC grew its position in iShares Core MSCI EAFE ETF (BATS:IEFA) by 4.0% in the second quarter, HoldingsChannel.com reports. The fund owned 2,617,261 shares of the company’s stock after buying an additional 101,553 shares during the quarter. iShares Core MSCI EAFE ETF comprises 5.0% of RiverFront Investment Group LLC’s portfolio, making the stock its 2nd biggest position. RiverFront Investment Group LLC’s holdings in iShares Core MSCI EAFE ETF were worth $190,118,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also modified their holdings of IEFA. WFA Asset Management Corp lifted its position in iShares Core MSCI EAFE ETF by 102.3% during the 1st quarter. WFA Asset Management Corp now owns 348 shares of the company’s stock worth $26,000 after buying an additional 176 shares in the last quarter. Headlands Technologies LLC acquired a new position in shares of iShares Core MSCI EAFE ETF during the first quarter worth approximately $26,000. RE Dickinson Investment Advisors LLC grew its stake in shares of iShares Core MSCI EAFE ETF by 6,850.0% during the fourth quarter. RE Dickinson Investment Advisors LLC now owns 417 shares of the company’s stock valued at $29,000 after purchasing an additional 411 shares during the last quarter. Truvestments Capital LLC bought a new stake in shares of iShares Core MSCI EAFE ETF during the first quarter valued at approximately $29,000. Finally, Kiely Wealth Advisory Group Inc. acquired a new stake in shares of iShares Core MSCI EAFE ETF in the second quarter valued at approximately $29,000.

iShares Core MSCI EAFE ETF Price Performance

IEFA stock opened at $77.43 on Wednesday. The stock has a market capitalization of $121.57 billion, a PE ratio of 14.38 and a beta of 0.82. The company has a 50 day moving average price of $75.06 and a 200 day moving average price of $74.22. iShares Core MSCI EAFE ETF has a fifty-two week low of $56.55 and a fifty-two week high of $70.84.

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.