Arkos Global Advisors Acquires 35,379 Shares of iShares Core MSCI EAFE ETF $IEFA

Arkos Global Advisors boosted its holdings in shares of iShares Core MSCI EAFE ETF (BATS:IEFA) by 3.5% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 1,040,808 shares of the company’s stock after buying an additional 35,379 shares during the quarter. iShares Core MSCI EAFE ETF makes up approximately 11.9% of Arkos Global Advisors’ holdings, making the stock its 2nd largest holding. Arkos Global Advisors’ holdings in iShares Core MSCI EAFE ETF were worth $93,111,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds also recently added to or reduced their stakes in IEFA. JPMorgan Chase & Co. increased its position in iShares Core MSCI EAFE ETF by 179.9% during the 4th quarter. JPMorgan Chase & Co. now owns 18,177,164 shares of the company’s stock valued at $1,626,129,000 after buying an additional 40,918,156 shares in the last quarter. Bank of Montreal Can increased its position in iShares Core MSCI EAFE ETF by 109.0% during the 3rd quarter. Bank of Montreal Can now owns 13,626,889 shares of the company’s stock valued at $1,189,764,000 after buying an additional 7,107,210 shares in the last quarter. Morgan Stanley increased its position in iShares Core MSCI EAFE ETF by 4.9% during the 4th quarter. Morgan Stanley now owns 104,883,248 shares of the company’s stock valued at $9,382,856,000 after buying an additional 4,892,313 shares in the last quarter. Bank of America Corp DE increased its position in iShares Core MSCI EAFE ETF by 2.2% during the 3rd quarter. Bank of America Corp DE now owns 224,863,248 shares of the company’s stock valued at $19,632,810,000 after buying an additional 4,837,732 shares in the last quarter. Finally, Wells Fargo & Company MN increased its position in iShares Core MSCI EAFE ETF by 3.8% during the 4th quarter. Wells Fargo & Company MN now owns 79,118,875 shares of the company’s stock valued at $7,077,975,000 after buying an additional 2,898,461 shares in the last quarter.

iShares Core MSCI EAFE ETF Price Performance

Shares of BATS:IEFA opened at $97.97 on Friday. The business’s 50-day moving average is $96.03 and its 200 day moving average is $93.43. iShares Core MSCI EAFE ETF has a 1 year low of $79.82 and a 1 year high of $98.83. The firm has a market capitalization of $167.53 billion, a P/E ratio of 16.18 and a beta of 0.84.

About iShares Core MSCI EAFE ETF

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.