Steelhead Wealth Management LLC Buys New Shares in iShares Core MSCI EAFE ETF $IEFA

Steelhead Wealth Management LLC purchased a new position in shares of iShares Core MSCI EAFE ETF (BATS:IEFA) in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 27,664 shares of the company’s stock, valued at approximately $2,504,000. iShares Core MSCI EAFE ETF comprises approximately 1.3% of Steelhead Wealth Management LLC’s investment portfolio, making the stock its 19th largest holding.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. JPMorgan Chase & Co. raised its holdings in shares of iShares Core MSCI EAFE ETF by 179.9% during the 4th quarter. JPMorgan Chase & Co. now owns 18,177,164 shares of the company’s stock valued at $1,626,129,000 after buying an additional 40,918,156 shares in the last quarter. Raymond James Financial Inc. raised its stake in shares of iShares Core MSCI EAFE ETF by 15.0% during the fourth quarter. Raymond James Financial Inc. now owns 43,144,722 shares of the company’s stock worth $3,859,727,000 after acquiring an additional 5,635,481 shares in the last quarter. Morgan Stanley lifted its holdings in shares of iShares Core MSCI EAFE ETF by 4.9% in the 4th quarter. Morgan Stanley now owns 104,883,248 shares of the company’s stock worth $9,382,856,000 after acquiring an additional 4,892,313 shares during the last quarter. Bank of New York Mellon Corp lifted its holdings in shares of iShares Core MSCI EAFE ETF by 8.4% in the 1st quarter. Bank of New York Mellon Corp now owns 38,117,521 shares of the company’s stock worth $3,450,779,000 after acquiring an additional 2,957,022 shares during the last quarter. Finally, Bank of America Corp DE boosted its stake in shares of iShares Core MSCI EAFE ETF by 1.3% in the 4th quarter. Bank of America Corp DE now owns 227,762,243 shares of the company’s stock valued at $20,375,610,000 after purchasing an additional 2,898,995 shares in the last quarter.

iShares Core MSCI EAFE ETF Stock Performance

IEFA stock opened at $98.25 on Monday. The firm has a market cap of $168.01 billion, a P/E ratio of 16.18 and a beta of 0.84. The firm’s fifty day moving average is $96.92 and its 200 day moving average is $95.23. iShares Core MSCI EAFE ETF has a 52 week low of $81.17 and a 52 week high of $98.93.

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.