Element Wealth LLC Increases Holdings in iShares Core MSCI EAFE ETF (BATS:IEFA)

Element Wealth LLC boosted its position in shares of iShares Core MSCI EAFE ETF (BATS:IEFA) by 3.4% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 52,364 shares of the company’s stock after purchasing an additional 1,710 shares during the period. iShares Core MSCI EAFE ETF comprises 1.9% of Element Wealth LLC’s holdings, making the stock its 11th biggest holding. Element Wealth LLC’s holdings in iShares Core MSCI EAFE ETF were worth $3,680,000 at the end of the most recent quarter.

Several other hedge funds also recently added to or reduced their stakes in IEFA. Farmers & Merchants Trust Co of Chambersburg PA bought a new position in iShares Core MSCI EAFE ETF during the 4th quarter valued at about $29,000. Darwin Wealth Management LLC bought a new position in iShares Core MSCI EAFE ETF in the 3rd quarter worth about $30,000. Comprehensive Financial Planning Inc. PA bought a new position in iShares Core MSCI EAFE ETF in the 4th quarter worth about $30,000. Financial Life Planners bought a new position in iShares Core MSCI EAFE ETF in the 4th quarter worth about $33,000. Finally, Union Savings Bank grew its stake in iShares Core MSCI EAFE ETF by 39.6% in the 4th quarter. Union Savings Bank now owns 501 shares of the company’s stock worth $35,000 after acquiring an additional 142 shares in the last quarter.

iShares Core MSCI EAFE ETF Price Performance

Shares of IEFA stock opened at $75.60 on Friday. The company has a market capitalization of $118.68 billion, a P/E ratio of 14.38 and a beta of 0.82. The company’s 50-day simple moving average is $72.48 and its two-hundred day simple moving average is $74.04. iShares Core MSCI EAFE ETF has a one year low of $56.55 and a one year high of $70.84.

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.