Genesis Wealth Advisors LLC Invests $685,000 in iShares Core MSCI EAFE ETF (BATS:IEFA)

Genesis Wealth Advisors LLC acquired a new position in iShares Core MSCI EAFE ETF (BATS:IEFA) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund acquired 9,753 shares of the company’s stock, valued at approximately $685,000. iShares Core MSCI EAFE ETF accounts for approximately 0.6% of Genesis Wealth Advisors LLC’s investment portfolio, making the stock its 28th largest position.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in IEFA. Life Planning Partners Inc increased its stake in iShares Core MSCI EAFE ETF by 6,920.2% during the fourth quarter. Life Planning Partners Inc now owns 8,435,918 shares of the company’s stock valued at $592,876,000 after acquiring an additional 8,315,752 shares during the period. Bell Bank boosted its holdings in shares of iShares Core MSCI EAFE ETF by 187.7% in the 4th quarter. Bell Bank now owns 3,546,845 shares of the company’s stock worth $249,272,000 after acquiring an additional 2,313,901 shares in the last quarter. Constellation Investments Inc. acquired a new position in shares of iShares Core MSCI EAFE ETF in the 4th quarter worth approximately $129,702,000. CX Institutional boosted its holdings in shares of iShares Core MSCI EAFE ETF by 670.8% in the 4th quarter. CX Institutional now owns 1,921,231 shares of the company’s stock worth $135,024,000 after acquiring an additional 1,671,978 shares in the last quarter. Finally, Truist Financial Corp lifted its holdings in iShares Core MSCI EAFE ETF by 22.4% during the 4th quarter. Truist Financial Corp now owns 8,877,878 shares of the company’s stock worth $623,937,000 after buying an additional 1,626,219 shares in the last quarter.

iShares Core MSCI EAFE ETF Stock Performance

BATS:IEFA opened at $75.60 on Monday. The stock’s fifty day moving average price is $72.48 and its two-hundred day moving average price is $74.09. The company has a market cap of $118.68 billion, a price-to-earnings ratio of 14.38 and a beta of 0.82. iShares Core MSCI EAFE ETF has a 52-week low of $56.55 and a 52-week high of $70.84.

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.