Gibbs Wealth Management Makes New Investment in iShares Core MSCI EAFE ETF $IEFA

Gibbs Wealth Management acquired a new stake in shares of iShares Core MSCI EAFE ETF (BATS:IEFA) in the 1st quarter, Holdings Channel.com reports. The fund acquired 6,354 shares of the company’s stock, valued at approximately $575,000.

Other institutional investors have also recently made changes to their positions in the company. JPMorgan Chase & Co. increased its position in iShares Core MSCI EAFE ETF by 179.9% in the fourth quarter. JPMorgan Chase & Co. now owns 18,177,164 shares of the company’s stock worth $1,626,129,000 after purchasing an additional 40,918,156 shares during the last quarter. Raymond James Financial Inc. increased its holdings in shares of iShares Core MSCI EAFE ETF by 15.0% in the 4th quarter. Raymond James Financial Inc. now owns 43,144,722 shares of the company’s stock worth $3,859,727,000 after buying an additional 5,635,481 shares during the last quarter. Morgan Stanley raised its position in shares of iShares Core MSCI EAFE ETF by 4.9% during the 4th quarter. Morgan Stanley now owns 104,883,248 shares of the company’s stock valued at $9,382,856,000 after buying an additional 4,892,313 shares in 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 valued at $3,450,779,000 after acquiring an additional 2,957,022 shares during the last quarter. Finally, Bank of America Corp DE lifted its holdings 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 acquiring an additional 2,898,995 shares during the last quarter.

iShares Core MSCI EAFE ETF Trading Up 0.6%

IEFA opened at $96.34 on Friday. The firm has a market cap of $164.74 billion, a P/E ratio of 16.18 and a beta of 0.84. iShares Core MSCI EAFE ETF has a 12 month low of $81.17 and a 12 month high of $98.83. The stock has a 50-day moving average of $96.84 and a 200 day moving average of $95.01.

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.