Diversified Management Inc. Invests $517,000 in iShares Core MSCI EAFE ETF $IEFA

Diversified Management Inc. purchased a new stake in shares of 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 purchased 5,779 shares of the company’s stock, valued at approximately $517,000.

Several other institutional investors and hedge funds have also recently made changes to their positions in the company. Hassell Wealth Management LLC grew its holdings in iShares Core MSCI EAFE ETF by 1.7% during the 4th quarter. Hassell Wealth Management LLC now owns 22,673 shares of the company’s stock worth $2,103,000 after acquiring an additional 380 shares in the last quarter. Pursue Wealth Partners LLC bought a new stake in shares of iShares Core MSCI EAFE ETF in the 4th quarter valued at about $203,000. Adelphi Trust Co purchased a new stake in shares of iShares Core MSCI EAFE ETF in the 4th quarter worth approximately $4,670,000. Austin Wealth Management LLC bought a new position in shares of iShares Core MSCI EAFE ETF during the fourth quarter valued at approximately $509,000. Finally, PFG Investments LLC boosted its stake in shares of iShares Core MSCI EAFE ETF by 21.0% during the fourth quarter. PFG Investments LLC now owns 59,886 shares of the company’s stock valued at $5,357,000 after purchasing an additional 10,413 shares in the last quarter.

iShares Core MSCI EAFE ETF Stock Down 0.3%

Shares of IEFA stock opened at $96.43 on Thursday. The firm has a market cap of $164.90 billion, a price-to-earnings ratio of 16.18 and a beta of 0.84. iShares Core MSCI EAFE ETF has a 52-week low of $74.30 and a 52-week high of $98.83. The company’s 50 day moving average is $93.73 and its 200 day moving average is $91.03.

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.