Beacon Pointe Advisors LLC Acquires 8,328 Shares of iShares Core MSCI EAFE ETF $IEFA

Beacon Pointe Advisors LLC raised its holdings in shares of iShares Core MSCI EAFE ETF (BATS:IEFA) by 1.7% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 492,429 shares of the company’s stock after purchasing an additional 8,328 shares during the quarter. Beacon Pointe Advisors LLC’s holdings in iShares Core MSCI EAFE ETF were worth $41,108,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Birchbrook Inc. bought a new stake in shares of iShares Core MSCI EAFE ETF during the 2nd quarter worth about $25,000. Toth Financial Advisory Corp acquired a new stake in iShares Core MSCI EAFE ETF during the second quarter worth approximately $26,000. Anfield Capital Management LLC boosted its holdings in shares of iShares Core MSCI EAFE ETF by 185.3% during the second quarter. Anfield Capital Management LLC now owns 331 shares of the company’s stock worth $28,000 after acquiring an additional 215 shares during the period. Family Legacy Financial Solutions LLC acquired a new position in shares of iShares Core MSCI EAFE ETF in the second quarter valued at approximately $35,000. Finally, McClarren Financial Advisors Inc. grew its position in shares of iShares Core MSCI EAFE ETF by 295.9% in the first quarter. McClarren Financial Advisors Inc. now owns 483 shares of the company’s stock valued at $37,000 after purchasing an additional 361 shares during the last quarter.

iShares Core MSCI EAFE ETF Trading Up 26.6%

BATS:IEFA opened at $88.36 on Tuesday. The stock has a 50 day simple moving average of $87.84 and a 200 day simple moving average of $85.31. The stock has a market cap of $151.09 billion, a P/E ratio of 16.18 and a beta of 0.84. iShares Core MSCI EAFE ETF has a 1-year low of $66.95 and a 1-year high of $87.36.

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.