First Merchants Corp Grows Position in iShares Core MSCI EAFE ETF $IEFA

First Merchants Corp grew its stake in iShares Core MSCI EAFE ETF (BATS:IEFA) by 4.8% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 157,682 shares of the company’s stock after purchasing an additional 7,171 shares during the period. First Merchants Corp’s holdings in iShares Core MSCI EAFE ETF were worth $13,163,000 at the end of the most recent quarter.

Other hedge funds have also bought and sold shares of the company. Toth Financial Advisory Corp purchased a new stake in iShares Core MSCI EAFE ETF in the 2nd quarter worth approximately $26,000. Family Legacy Financial Solutions LLC purchased a new stake in iShares Core MSCI EAFE ETF in the 2nd quarter worth approximately $35,000. McClarren Financial Advisors Inc. boosted its position in iShares Core MSCI EAFE ETF by 295.9% in the 1st quarter. McClarren Financial Advisors Inc. now owns 483 shares of the company’s stock worth $37,000 after purchasing an additional 361 shares in the last quarter. Raleigh Capital Management Inc. boosted its position in iShares Core MSCI EAFE ETF by 442.2% in the 2nd quarter. Raleigh Capital Management Inc. now owns 450 shares of the company’s stock worth $38,000 after purchasing an additional 367 shares in the last quarter. Finally, Hanson & Doremus Investment Management boosted its position in iShares Core MSCI EAFE ETF by 40.4% in the 1st quarter. Hanson & Doremus Investment Management now owns 511 shares of the company’s stock worth $39,000 after purchasing an additional 147 shares in the last quarter.

iShares Core MSCI EAFE ETF Trading Up 26.8%

iShares Core MSCI EAFE ETF stock opened at $88.46 on Thursday. The firm has a market cap of $151.26 billion, a PE ratio of 16.18 and a beta of 0.84. The stock’s 50 day simple moving average is $86.05 and its two-hundred day simple moving average is $82.05. iShares Core MSCI EAFE ETF has a 12 month low of $66.95 and a 12 month high of $87.36.

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.