ABC Arbitrage SA Buys New Stake in iShares Core MSCI EAFE ETF (BATS:IEFA)

ABC Arbitrage SA acquired a new stake in shares of iShares Core MSCI EAFE ETF (BATS:IEFA) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 115,605 shares of the company’s stock, valued at approximately $8,125,000. iShares Core MSCI EAFE ETF comprises 1.2% of ABC Arbitrage SA’s investment portfolio, making the stock its 21st biggest holding.

A number of other institutional investors and hedge funds have also made changes to their positions in IEFA. Chan Zuckerberg Initiative LLC bought a new position in iShares Core MSCI EAFE ETF during the third quarter valued at $86,526,000. Confluence Investment Management LLC bought a new stake in iShares Core MSCI EAFE ETF in the fourth quarter worth about $284,000. GAMMA Investing LLC boosted its position in shares of iShares Core MSCI EAFE ETF by 21.4% during the fourth quarter. GAMMA Investing LLC now owns 12,326 shares of the company’s stock valued at $866,000 after buying an additional 2,176 shares during the period. Shepherd Financial Partners LLC raised its holdings in shares of iShares Core MSCI EAFE ETF by 0.3% in the fourth quarter. Shepherd Financial Partners LLC now owns 686,669 shares of the company’s stock worth $48,259,000 after buying an additional 1,730 shares during the period. Finally, PBMares Wealth Management LLC lifted its stake in shares of iShares Core MSCI EAFE ETF by 14.6% during the 4th quarter. PBMares Wealth Management LLC now owns 4,651 shares of the company’s stock worth $327,000 after acquiring an additional 594 shares during the last quarter.

iShares Core MSCI EAFE ETF Stock Up 8.9 %

Shares of iShares Core MSCI EAFE ETF stock opened at $75.99 on Friday. The stock’s fifty day moving average is $72.28 and its two-hundred day moving average is $73.92. iShares Core MSCI EAFE ETF has a 52 week low of $56.55 and a 52 week high of $70.84. The company has a market capitalization of $119.30 billion, a PE ratio of 14.38 and a beta of 0.82.

About iShares Core MSCI EAFE ETF

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.