Macco Financial Group Inc. Grows Stake in iShares Core MSCI EAFE ETF $IEFA

Macco Financial Group Inc. lifted its position in iShares Core MSCI EAFE ETF (BATS:IEFA) by 15.0% in the 1st quarter, Holdings Channel.com reports. The institutional investor owned 120,188 shares of the company’s stock after acquiring an additional 15,711 shares during the period. iShares Core MSCI EAFE ETF makes up about 8.2% of Macco Financial Group Inc.’s investment portfolio, making the stock its 4th largest position. Macco Financial Group Inc.’s holdings in iShares Core MSCI EAFE ETF were worth $10,881,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in IEFA. Breakwater Capital Group lifted its stake in iShares Core MSCI EAFE ETF by 0.8% in the first quarter. Breakwater Capital Group now owns 12,963 shares of the company’s stock valued at $1,174,000 after acquiring an additional 105 shares during the last quarter. LGL Partners LLC increased its stake in shares of iShares Core MSCI EAFE ETF by 0.3% during the 4th quarter. LGL Partners LLC now owns 33,979 shares of the company’s stock worth $3,040,000 after purchasing an additional 108 shares during the last quarter. Insight Inv LLC raised its holdings in shares of iShares Core MSCI EAFE ETF by 2.4% in the 4th quarter. Insight Inv LLC now owns 4,781 shares of the company’s stock valued at $428,000 after purchasing an additional 110 shares during the period. Fairvoy Private Wealth LLC raised its holdings in shares of iShares Core MSCI EAFE ETF by 4.6% in the 4th quarter. Fairvoy Private Wealth LLC now owns 2,530 shares of the company’s stock valued at $226,000 after purchasing an additional 111 shares during the period. Finally, GW&K Investment Management LLC raised its holdings in shares of iShares Core MSCI EAFE ETF by 0.9% in the 4th quarter. GW&K Investment Management LLC now owns 12,993 shares of the company’s stock valued at $1,162,000 after purchasing an additional 111 shares during the period.

iShares Core MSCI EAFE ETF Stock Performance

iShares Core MSCI EAFE ETF stock opened at $95.49 on Monday. iShares Core MSCI EAFE ETF has a 52 week low of $81.17 and a 52 week high of $98.83. The stock has a market capitalization of $163.29 billion, a P/E ratio of 16.18 and a beta of 0.84. The stock has a 50-day simple moving average of $96.51 and a 200 day simple moving average of $94.03.

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.