Merit Financial Group LLC Acquires 63,359 Shares of iShares Core MSCI EAFE ETF (BATS:IEFA)

Merit Financial Group LLC grew its holdings in shares of iShares Core MSCI EAFE ETF (BATS:IEFA) by 4.7% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 1,422,255 shares of the company’s stock after acquiring an additional 63,359 shares during the quarter. iShares Core MSCI EAFE ETF accounts for approximately 3.0% of Merit Financial Group LLC’s investment portfolio, making the stock its 6th largest position. Merit Financial Group LLC owned 0.10% of iShares Core MSCI EAFE ETF worth $100,056,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently made changes to their positions in IEFA. Morgan Stanley lifted its stake in shares of iShares Core MSCI EAFE ETF by 1.8% in the 3rd quarter. Morgan Stanley now owns 88,364,142 shares of the company’s stock valued at $5,686,233,000 after acquiring an additional 1,583,086 shares during the last quarter. Jones Financial Companies Lllp increased its holdings in iShares Core MSCI EAFE ETF by 1.2% in the 3rd quarter. Jones Financial Companies Lllp now owns 73,231,881 shares of the company’s stock worth $4,712,472,000 after purchasing an additional 895,629 shares in the last quarter. TIAA Trust National Association bought a new position in iShares Core MSCI EAFE ETF in the third quarter valued at about $3,749,602,000. LPL Financial LLC raised its position in iShares Core MSCI EAFE ETF by 4.3% in the third quarter. LPL Financial LLC now owns 33,364,576 shares of the company’s stock valued at $2,147,010,000 after purchasing an additional 1,360,944 shares during the last quarter. Finally, Raymond James & Associates boosted its stake in shares of iShares Core MSCI EAFE ETF by 2.3% during the fourth quarter. Raymond James & Associates now owns 29,518,120 shares of the company’s stock valued at $2,076,600,000 after purchasing an additional 673,843 shares in the last quarter.

iShares Core MSCI EAFE ETF Stock Performance

Shares of BATS:IEFA traded up $0.72 during midday trading on Friday, hitting $73.37. 6,621,286 shares of the stock were exchanged. The business’s 50-day moving average price is $72.82 and its 200 day moving average price is $69.56. iShares Core MSCI EAFE ETF has a 12 month low of $56.55 and a 12 month high of $70.84. The stock has a market capitalization of $115.19 billion, a price-to-earnings ratio of 14.38 and a beta of 0.82.

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.