Merit Financial Group LLC Grows Holdings in iShares Core MSCI EAFE ETF (BATS:IEFA)

Merit Financial Group LLC grew its stake in iShares Core MSCI EAFE ETF (BATS:IEFA) by 4.7% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,422,255 shares of the company’s stock after purchasing an additional 63,359 shares during the quarter. iShares Core MSCI EAFE ETF comprises about 3.0% of Merit Financial Group LLC’s holdings, making the stock its 6th biggest holding. Merit Financial Group LLC’s holdings in iShares Core MSCI EAFE ETF were worth $100,056,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Dakota Wealth Management bought a new stake in shares of iShares Core MSCI EAFE ETF during the third quarter valued at approximately $211,000. Foster & Motley Inc. lifted its position in iShares Core MSCI EAFE ETF by 8.8% during the third quarter. Foster & Motley Inc. now owns 16,667 shares of the company’s stock valued at $1,073,000 after buying an additional 1,345 shares during the period. NorthRock Partners LLC bought a new stake in shares of iShares Core MSCI EAFE ETF during the 3rd quarter valued at $404,000. Strategic Investment Advisors MI purchased a new stake in shares of iShares Core MSCI EAFE ETF in the 3rd quarter worth about $21,154,000. Finally, Kowal Investment Group LLC grew its position in shares of iShares Core MSCI EAFE ETF by 1.5% in the 3rd quarter. Kowal Investment Group LLC now owns 41,994 shares of the company’s stock worth $2,702,000 after buying an additional 607 shares during the period.

iShares Core MSCI EAFE ETF Price Performance

BATS IEFA traded up $0.72 during trading hours on Friday, reaching $73.37. 6,621,286 shares of the company’s stock traded hands. iShares Core MSCI EAFE ETF has a 52-week low of $56.55 and a 52-week high of $70.84. The firm has a 50-day simple moving average of $72.82 and a 200 day simple moving average of $69.56. The firm has a market cap of $115.19 billion, a PE ratio of 14.38 and a beta of 0.82.

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.