Geneos Wealth Management Inc. Grows Stake in iShares Core MSCI EAFE ETF $IEFA

Geneos Wealth Management Inc. raised its position in shares of iShares Core MSCI EAFE ETF (BATS:IEFA) by 54.2% in the first quarter, Holdings Channel.com reports. The fund owned 381,592 shares of the company’s stock after acquiring an additional 134,163 shares during the quarter. iShares Core MSCI EAFE ETF makes up approximately 0.8% of Geneos Wealth Management Inc.’s portfolio, making the stock its 17th biggest holding. Geneos Wealth Management Inc.’s holdings in iShares Core MSCI EAFE ETF were worth $34,545,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also recently modified their holdings of the business. JPMorgan Chase & Co. boosted its holdings in shares of 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 worth $1,626,129,000 after purchasing an additional 40,918,156 shares during the last quarter. Raymond James Financial Inc. increased its holdings in iShares Core MSCI EAFE ETF by 15.0% in the 4th quarter. Raymond James Financial Inc. now owns 43,144,722 shares of the company’s stock valued at $3,859,727,000 after purchasing an additional 5,635,481 shares during the last quarter. Morgan Stanley raised its holdings in shares of iShares Core MSCI EAFE ETF by 4.9% in 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 during the period. Bank of America Corp DE lifted its position in shares of iShares Core MSCI EAFE ETF by 1.3% during the fourth quarter. Bank of America Corp DE now owns 227,762,243 shares of the company’s stock worth $20,375,610,000 after purchasing an additional 2,898,995 shares in the last quarter. Finally, Wells Fargo & Company MN lifted its holdings 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 worth $7,077,975,000 after buying an additional 2,898,461 shares in the last quarter.

iShares Core MSCI EAFE ETF Price Performance

IEFA opened at $97.54 on Thursday. iShares Core MSCI EAFE ETF has a 12 month low of $81.17 and a 12 month high of $98.83. The stock has a market capitalization of $166.79 billion, a price-to-earnings ratio of 16.18 and a beta of 0.84. The business has a fifty day moving average price of $96.87 and a 200 day moving average price of $94.72.

iShares Core MSCI EAFE ETF Company 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.