Innovative Wealth Building LLC Has $1.59 Million Stock Position in iShares Core MSCI EAFE ETF $IEFA

Innovative Wealth Building LLC reduced its position in iShares Core MSCI EAFE ETF (BATS:IEFA) by 26.7% in the 2nd quarter, according to its most recent filing with the SEC. The fund owned 19,056 shares of the company’s stock after selling 6,951 shares during the period. iShares Core MSCI EAFE ETF comprises 1.3% of Innovative Wealth Building LLC’s holdings, making the stock its 16th largest position. Innovative Wealth Building LLC’s holdings in iShares Core MSCI EAFE ETF were worth $1,591,000 at the end of the most recent quarter.

Several other hedge funds have also bought and sold shares of IEFA. Toth Financial Advisory Corp acquired a new stake in iShares Core MSCI EAFE ETF during the second quarter worth approximately $26,000. Curat Global LLC acquired a new stake in iShares Core MSCI EAFE ETF during the first quarter worth approximately $26,000. WFA Asset Management Corp acquired a new stake in iShares Core MSCI EAFE ETF during the first quarter worth approximately $26,000. Family Legacy Financial Solutions LLC acquired a new stake in iShares Core MSCI EAFE ETF during the second quarter worth approximately $35,000. Finally, Raleigh Capital Management Inc. lifted its position in iShares Core MSCI EAFE ETF by 442.2% during the second quarter. Raleigh Capital Management Inc. now owns 450 shares of the company’s stock worth $38,000 after acquiring an additional 367 shares during the last quarter.

iShares Core MSCI EAFE ETF Stock Up 27.3%

Shares of IEFA stock opened at $88.81 on Friday. The firm has a 50 day moving average price of $85.72 and a two-hundred day moving average price of $81.81. The company has a market capitalization of $151.86 billion, a PE ratio of 16.18 and a beta of 0.84. iShares Core MSCI EAFE ETF has a 12-month low of $66.95 and a 12-month high of $87.36.

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.