Global Wealth Management Investment Advisory Inc. Boosts Stock Holdings in iShares Core MSCI EAFE ETF $IEFA

Global Wealth Management Investment Advisory Inc. increased its holdings in shares of iShares Core MSCI EAFE ETF (BATS:IEFA) by 5.9% during the 4th quarter, HoldingsChannel reports. The fund owned 200,827 shares of the company’s stock after buying an additional 11,200 shares during the period. iShares Core MSCI EAFE ETF accounts for approximately 2.9% of Global Wealth Management Investment Advisory Inc.’s portfolio, making the stock its 8th biggest holding. Global Wealth Management Investment Advisory Inc.’s holdings in iShares Core MSCI EAFE ETF were worth $17,966,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the business. Summit Wealth Group LLC Co. bought a new position in iShares Core MSCI EAFE ETF in the 4th quarter valued at approximately $615,000. Ameritas Advisory Services LLC increased its holdings in iShares Core MSCI EAFE ETF by 249.9% during the fourth quarter. Ameritas Advisory Services LLC now owns 72,790 shares of the company’s stock valued at $6,512,000 after buying an additional 51,987 shares during the last quarter. Independent Advisor Alliance increased its holdings in iShares Core MSCI EAFE ETF by 11.7% during the fourth quarter. Independent Advisor Alliance now owns 31,746 shares of the company’s stock valued at $2,840,000 after buying an additional 3,326 shares during the last quarter. Madison Asset Management LLC increased its holdings in iShares Core MSCI EAFE ETF by 6.9% during the fourth quarter. Madison Asset Management LLC now owns 9,246 shares of the company’s stock valued at $827,000 after buying an additional 598 shares during the last quarter. Finally, Gray Private Wealth LLC increased its stake in shares of iShares Core MSCI EAFE ETF by 4.8% in the fourth quarter. Gray Private Wealth LLC now owns 5,273 shares of the company’s stock worth $472,000 after purchasing an additional 242 shares in the last quarter.

iShares Core MSCI EAFE ETF Price Performance

Shares of BATS IEFA opened at $96.52 on Wednesday. The firm has a fifty day moving average price of $93.24 and a 200-day moving average price of $92.01. The stock has a market cap of $165.05 billion, a PE ratio of 16.18 and a beta of 0.84. iShares Core MSCI EAFE ETF has a 1 year low of $79.82 and a 1 year 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.