Milestone Asset Management Group LLC Invests $1.34 Million in iShares Core MSCI EAFE ETF (BATS:IEFA)

Milestone Asset Management Group LLC bought a new position in shares of iShares Core MSCI EAFE ETF (BATS:IEFA) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 19,020 shares of the company’s stock, valued at approximately $1,337,000. iShares Core MSCI EAFE ETF makes up about 1.2% of Milestone Asset Management Group LLC’s holdings, making the stock its 27th biggest position.

A number of other hedge funds and other institutional investors also recently modified their holdings of IEFA. Hopwood Financial Services Inc. acquired a new position in iShares Core MSCI EAFE ETF in the fourth quarter valued at about $28,000. Integrity Financial Corp WA raised its stake in iShares Core MSCI EAFE ETF by 171.2% in the fourth quarter. Integrity Financial Corp WA now owns 396 shares of the company’s stock valued at $28,000 after purchasing an additional 250 shares in the last quarter. Farmers & Merchants Trust Co of Chambersburg PA acquired a new position in iShares Core MSCI EAFE ETF in the fourth quarter valued at about $29,000. Comprehensive Financial Planning Inc. PA acquired a new position in iShares Core MSCI EAFE ETF in the fourth quarter valued at about $30,000. Finally, Financial Life Planners acquired a new position in iShares Core MSCI EAFE ETF in the fourth quarter valued at about $33,000.

iShares Core MSCI EAFE ETF Stock Up 17.7%

IEFA stock opened at $82.14 on Thursday. The company has a market cap of $138.81 billion, a PE ratio of 16.03 and a beta of 0.84. The business has a 50-day simple moving average of $77.24 and a 200 day simple moving average of $74.85. iShares Core MSCI EAFE ETF has a 52 week low of $66.95 and a 52 week high of $83.19.

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.