Sovereign Investment Advisors LLC Buys 50,575 Shares of iShares Core MSCI EAFE ETF $IEFA

Sovereign Investment Advisors LLC lifted its stake in iShares Core MSCI EAFE ETF (BATS:IEFA) by 21.8% in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 282,500 shares of the company’s stock after purchasing an additional 50,575 shares during the quarter. iShares Core MSCI EAFE ETF accounts for about 6.5% of Sovereign Investment Advisors LLC’s investment portfolio, making the stock its 5th largest holding. Sovereign Investment Advisors LLC’s holdings in iShares Core MSCI EAFE ETF were worth $23,583,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also recently bought and sold shares of the stock. Revolve Wealth Partners LLC increased its position in shares of iShares Core MSCI EAFE ETF by 3.8% in the fourth quarter. Revolve Wealth Partners LLC now owns 551,668 shares of the company’s stock worth $38,771,000 after acquiring an additional 19,941 shares in the last quarter. Millennium Management LLC acquired a new position in iShares Core MSCI EAFE ETF in the 4th quarter worth approximately $225,000. Squarepoint Ops LLC purchased a new position in iShares Core MSCI EAFE ETF during the 4th quarter worth approximately $384,000. NBC Securities Inc. grew its position in iShares Core MSCI EAFE ETF by 282,100.0% during the 1st quarter. NBC Securities Inc. now owns 2,822 shares of the company’s stock worth $213,000 after purchasing an additional 2,821 shares in the last quarter. Finally, RFG Advisory LLC raised its stake in iShares Core MSCI EAFE ETF by 62.6% during the 1st quarter. RFG Advisory LLC now owns 21,265 shares of the company’s stock valued at $1,609,000 after purchasing an additional 8,188 shares during the period.

iShares Core MSCI EAFE ETF Stock Up 26.2%

IEFA opened at $88.06 on Friday. The firm has a market capitalization of $150.58 billion, a P/E ratio of 16.18 and a beta of 0.84. The stock has a fifty day moving average of $85.64 and a 200-day moving average of $81.74. 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 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.