Arax Advisory Partners Invests $5.79 Million in iShares Core MSCI EAFE ETF $IEFA

Arax Advisory Partners bought a new position in iShares Core MSCI EAFE ETF (BATS:IEFA) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm bought 64,681 shares of the company’s stock, valued at approximately $5,786,000.

Several other institutional investors and hedge funds have also recently made changes to their positions in the company. Revolve Wealth Partners LLC boosted its holdings in iShares Core MSCI EAFE ETF by 3.8% in the fourth quarter. Revolve Wealth Partners LLC now owns 551,668 shares of the company’s stock valued at $38,771,000 after acquiring an additional 19,941 shares in the last quarter. First Trust Advisors LP bought a new stake in iShares Core MSCI EAFE ETF in the second quarter valued at $238,000. Gamco Investors INC. ET AL bought a new stake in iShares Core MSCI EAFE ETF in the second quarter valued at $1,160,000. Bank of Nova Scotia bought a new stake in iShares Core MSCI EAFE ETF in the second quarter valued at $217,000. Finally, Squarepoint Ops LLC bought a new stake in iShares Core MSCI EAFE ETF in the second quarter valued at $2,102,000.

iShares Core MSCI EAFE ETF Stock Up 0.2%

BATS:IEFA opened at $97.97 on Friday. The stock has a market cap of $167.53 billion, a P/E ratio of 16.18 and a beta of 0.84. The firm’s fifty day simple moving average is $96.03 and its 200 day simple moving average is $93.43. iShares Core MSCI EAFE ETF has a twelve month low of $79.82 and a twelve month high of $98.83.

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.