Investment Research & Advisory Group Inc. Makes New $204,000 Investment in iShares Core MSCI EAFE ETF (BATS:IEFA)

Investment Research & Advisory Group Inc. bought a new position in shares of iShares Core MSCI EAFE ETF (BATS:IEFA) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 2,897 shares of the company’s stock, valued at approximately $204,000.

A number of other institutional investors have also recently added to or reduced their stakes in IEFA. Darwin Wealth Management LLC purchased a new position in shares of iShares Core MSCI EAFE ETF during the 3rd quarter valued at $30,000. St. Johns Investment Management Company LLC acquired a new stake in iShares Core MSCI EAFE ETF during the third quarter worth about $37,000. FSA Wealth Management LLC bought a new stake in iShares Core MSCI EAFE ETF in the 3rd quarter valued at $38,000. Union Savings Bank raised its holdings in shares of 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 buying an additional 142 shares in the last quarter. Finally, Breakwater Investment Management bought a new stake in iShares Core MSCI EAFE ETF during the fourth quarter worth about $36,000.

iShares Core MSCI EAFE ETF Stock Performance

BATS:IEFA opened at $73.56 on Friday. The stock’s fifty day moving average price is $71.92 and its two-hundred day moving average price is $73.94. The company has a market cap of $115.48 billion, a price-to-earnings ratio of 14.38 and a beta of 0.82. iShares Core MSCI EAFE ETF has a 52-week low of $56.55 and a 52-week high of $70.84.

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.