Align Financial LLC Makes New $22.94 Million Investment in iShares Core MSCI EAFE ETF $IEFA

Align Financial LLC bought a new position in iShares Core MSCI EAFE ETF (BATS:IEFA) in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor bought 256,392 shares of the company’s stock, valued at approximately $22,937,000.

A number of other institutional investors and hedge funds have also bought and sold shares of the company. Bank of America Corp DE increased its holdings in 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 worth $20,375,610,000 after purchasing an additional 2,898,995 shares in the last quarter. Morgan Stanley increased its holdings in iShares Core MSCI EAFE ETF by 4.9% in the 4th quarter. Morgan Stanley now owns 104,883,248 shares of the company’s stock worth $9,382,856,000 after purchasing an additional 4,892,313 shares in the last quarter. Wells Fargo & Company MN increased its stake in shares of iShares Core MSCI EAFE ETF by 3.8% in the fourth quarter. Wells Fargo & Company MN now owns 79,118,875 shares of the company’s stock valued at $7,077,975,000 after buying an additional 2,898,461 shares during the period. TIAA Trust National Association increased its stake in shares of iShares Core MSCI EAFE ETF by 1.7% in the third quarter. TIAA Trust National Association now owns 47,576,490 shares of the company’s stock valued at $4,143,178,000 after buying an additional 786,918 shares during the period. Finally, LPL Financial LLC increased its stake in shares of iShares Core MSCI EAFE ETF by 4.6% in the fourth quarter. LPL Financial LLC now owns 40,788,933 shares of the company’s stock valued at $3,648,978,000 after buying an additional 1,799,732 shares during the period.

iShares Core MSCI EAFE ETF Trading Down 0.5%

Shares of IEFA stock opened at $96.81 on Thursday. The stock has a market cap of $165.55 billion, a price-to-earnings ratio of 16.18 and a beta of 0.84. The stock has a 50-day moving average of $96.36 and a 200-day moving average of $93.66. iShares Core MSCI EAFE ETF has a 1-year low of $79.82 and a 1-year high of $98.83.

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.