Root Financial Partners LLC Increases Stake in iShares Core MSCI EAFE ETF (BATS:IEFA)

Root Financial Partners LLC grew its position in shares of iShares Core MSCI EAFE ETF (BATS:IEFA) by 41.6% in the fourth quarter, Holdings Channel reports. The institutional investor owned 5,449 shares of the company’s stock after buying an additional 1,602 shares during the period. Root Financial Partners LLC’s holdings in iShares Core MSCI EAFE ETF were worth $383,000 as of its most recent filing with the SEC.

A number of other large investors also recently bought and sold shares of IEFA. Darwin Wealth Management LLC purchased a new position in iShares Core MSCI EAFE ETF during the 3rd quarter worth $30,000. Comprehensive Financial Planning Inc. PA purchased a new position in shares of iShares Core MSCI EAFE ETF in the 4th quarter valued at about $30,000. Financial Life Planners purchased a new position in shares of iShares Core MSCI EAFE ETF in the 4th quarter valued at about $33,000. Union Savings Bank increased its holdings in shares of iShares Core MSCI EAFE ETF by 39.6% in the 4th quarter. Union Savings Bank now owns 501 shares of the company’s stock valued at $35,000 after purchasing an additional 142 shares in the last quarter. Finally, Breakwater Investment Management purchased a new position in shares of iShares Core MSCI EAFE ETF in the 4th quarter valued at about $36,000.

iShares Core MSCI EAFE ETF Stock Up 8.8 %

Shares of IEFA opened at $75.90 on Friday. The company has a 50-day simple moving average of $72.26 and a 200-day simple moving average of $73.90. The company has a market capitalization of $119.17 billion, a PE ratio of 14.38 and a beta of 0.82. iShares Core MSCI EAFE ETF has a 52-week low of $56.55 and a 52-week high of $70.84.

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.