First Merchants Corp Purchases 13,056 Shares of iShares Core MSCI EAFE ETF $IEFA

First Merchants Corp lifted its position in iShares Core MSCI EAFE ETF (BATS:IEFA) by 6.7% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 207,279 shares of the company’s stock after purchasing an additional 13,056 shares during the quarter. First Merchants Corp’s holdings in iShares Core MSCI EAFE ETF were worth $20,081,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of IEFA. Robinswood Financial LLC acquired a new stake in iShares Core MSCI EAFE ETF during the first quarter worth $26,000. Kopp Family Office LLC bought a new stake in iShares Core MSCI EAFE ETF in the 2nd quarter valued at $26,000. Godsey & Gibb Inc. bought a new stake in iShares Core MSCI EAFE ETF in the 3rd quarter valued at $30,000. Security National Bank of Sioux City Iowa IA acquired a new position in shares of iShares Core MSCI EAFE ETF in the 2nd quarter valued at $31,000. Finally, Duncker Streett & Co. Inc. raised its stake in shares of iShares Core MSCI EAFE ETF by 88.3% in the 1st quarter. Duncker Streett & Co. Inc. now owns 354 shares of the company’s stock valued at $32,000 after buying an additional 166 shares in the last quarter.

iShares Core MSCI EAFE ETF Stock Performance

Shares of IEFA stock opened at $96.62 on Friday. The firm has a fifty day moving average of $99.01 and a 200-day moving average of $97.23. The stock has a market cap of $165.22 billion, a price-to-earnings ratio of 16.18 and a beta of 0.84. iShares Core MSCI EAFE ETF has a 52-week low of $85.03 and a 52-week high of $101.44.

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.