Confluence Investment Management LLC Buys New Stake in iShares Core MSCI EAFE ETF (BATS:IEFA)

Confluence Investment Management LLC purchased a new position in shares of iShares Core MSCI EAFE ETF (BATS:IEFA) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 4,043 shares of the company’s stock, valued at approximately $284,000.

A number of other institutional investors also recently added to or reduced their stakes in the stock. Kiely Wealth Advisory Group Inc. bought a new position in iShares Core MSCI EAFE ETF during the 2nd quarter valued at about $29,000. Darwin Wealth Management LLC acquired a new stake in shares of iShares Core MSCI EAFE ETF during the third quarter worth approximately $30,000. St. Johns Investment Management Company LLC bought a new position in shares of iShares Core MSCI EAFE ETF in the third quarter valued at approximately $37,000. FSA Wealth Management LLC acquired a new position in shares of iShares Core MSCI EAFE ETF in the 3rd quarter worth approximately $38,000. Finally, Kimelman & Baird LLC bought a new stake in iShares Core MSCI EAFE ETF during the 2nd quarter worth approximately $39,000.

iShares Core MSCI EAFE ETF Stock Performance

Shares of IEFA opened at $70.48 on Friday. The company has a market cap of $110.65 billion, a price-to-earnings ratio of 14.38 and a beta of 0.82. The stock has a fifty day moving average price of $72.64 and a two-hundred day moving average price of $74.12. iShares Core MSCI EAFE ETF has a 52-week low of $56.55 and a 52-week high of $70.84.

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.