Alliance Wealth Management Group Increases Holdings in iShares Core MSCI EAFE ETF (BATS:IEFA)

Alliance Wealth Management Group increased its holdings in shares of iShares Core MSCI EAFE ETF (BATS:IEFA) by 10.8% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 97,739 shares of the company’s stock after purchasing an additional 9,514 shares during the quarter. iShares Core MSCI EAFE ETF makes up 2.0% of Alliance Wealth Management Group’s portfolio, making the stock its 18th biggest holding. Alliance Wealth Management Group’s holdings in iShares Core MSCI EAFE ETF were worth $7,629,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in IEFA. Envestnet Asset Management Inc. lifted its stake in iShares Core MSCI EAFE ETF by 2.7% in the 2nd quarter. Envestnet Asset Management Inc. now owns 38,878,766 shares of the company’s stock worth $2,824,154,000 after purchasing an additional 1,020,859 shares in the last quarter. LPL Financial LLC boosted its stake in iShares Core MSCI EAFE ETF by 4.3% during the third quarter. LPL Financial LLC now owns 36,275,934 shares of the company’s stock valued at $2,831,337,000 after buying an additional 1,506,562 shares during the last quarter. US Bancorp DE grew its holdings in iShares Core MSCI EAFE ETF by 2.0% during the 3rd quarter. US Bancorp DE now owns 32,868,438 shares of the company’s stock valued at $2,565,395,000 after buying an additional 656,213 shares in the last quarter. Raymond James & Associates increased its stake in iShares Core MSCI EAFE ETF by 0.9% in the 3rd quarter. Raymond James & Associates now owns 30,028,727 shares of the company’s stock worth $2,343,742,000 after acquiring an additional 281,791 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. raised its holdings in shares of iShares Core MSCI EAFE ETF by 2.0% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 28,459,754 shares of the company’s stock worth $2,067,316,000 after acquiring an additional 561,317 shares in the last quarter.

iShares Core MSCI EAFE ETF Stock Performance

BATS IEFA opened at $72.29 on Monday. The stock has a 50 day moving average price of $75.20 and a 200-day moving average price of $74.68. iShares Core MSCI EAFE ETF has a one year low of $56.55 and a one year high of $70.84. The company has a market capitalization of $113.50 billion, a P/E ratio of 14.38 and a beta of 0.82.

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.