Founders Financial Securities LLC Acquires 108,576 Shares of iShares Core MSCI EAFE ETF $IEFA

Founders Financial Securities LLC purchased a new position in iShares Core MSCI EAFE ETF (BATS:IEFA) in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 108,576 shares of the company’s stock, valued at approximately $10,519,000.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the company. Choreo LLC boosted its position in shares of iShares Core MSCI EAFE ETF by 4.6% in the 3rd quarter. Choreo LLC now owns 2,415,886 shares of the company’s stock worth $234,053,000 after purchasing an additional 106,576 shares in the last quarter. Fonville Wealth Management LLC raised its position in iShares Core MSCI EAFE ETF by 11.2% in the 3rd quarter. Fonville Wealth Management LLC now owns 3,916 shares of the company’s stock worth $379,000 after buying an additional 394 shares during the last quarter. Sage Rhino Capital LLC lifted its position in iShares Core MSCI EAFE ETF by 0.9% during the third quarter. Sage Rhino Capital LLC now owns 180,929 shares of the company’s stock valued at $17,528,000 after purchasing an additional 1,568 shares during the period. Foundry Financial Group Inc. boosted its stake in shares of iShares Core MSCI EAFE ETF by 1.9% in the 3rd quarter. Foundry Financial Group Inc. now owns 138,364 shares of the company’s stock worth $13,405,000 after buying an additional 2,594 shares during the last quarter. Finally, Financial Network Wealth Advisors LLC bought a new stake in shares of iShares Core MSCI EAFE ETF during the 3rd quarter valued at about $32,000.

iShares Core MSCI EAFE ETF Trading Up 0.6%

IEFA opened at $97.20 on Friday. iShares Core MSCI EAFE ETF has a 1-year low of $85.03 and a 1-year high of $101.44. The firm’s 50 day simple moving average is $98.13 and its two-hundred day simple moving average is $96.27. The company has a market capitalization of $166.21 billion, a PE ratio of 16.18 and a beta of 0.84.

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.