Sovereign Investment Advisors LLC Buys 38,728 Shares of iShares Core MSCI EAFE ETF $IEFA

Sovereign Investment Advisors LLC raised its stake in iShares Core MSCI EAFE ETF (BATS:IEFA) by 13.7% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 321,228 shares of the company’s stock after purchasing an additional 38,728 shares during the period. iShares Core MSCI EAFE ETF accounts for approximately 7.2% of Sovereign Investment Advisors LLC’s investment portfolio, making the stock its 3rd biggest position. Sovereign Investment Advisors LLC’s holdings in iShares Core MSCI EAFE ETF were worth $28,737,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Tobias Financial Advisors Inc. increased its holdings in shares of iShares Core MSCI EAFE ETF by 4.7% in the fourth quarter. Tobias Financial Advisors Inc. now owns 29,881 shares of the company’s stock valued at $2,673,000 after purchasing an additional 1,352 shares during the last quarter. Tenzing Financial LLC acquired a new position in shares of iShares Core MSCI EAFE ETF in the fourth quarter valued at $1,768,000. TritonPoint Partners LLC bought a new stake in shares of iShares Core MSCI EAFE ETF in the fourth quarter valued at about $4,975,000. WealthTrust Axiom LLC bought a new stake in shares of iShares Core MSCI EAFE ETF in the fourth quarter valued at about $206,000. Finally, Whalerock Point Partners LLC bought a new stake in shares of iShares Core MSCI EAFE ETF in the fourth quarter valued at about $307,000.

iShares Core MSCI EAFE ETF Stock Performance

Shares of iShares Core MSCI EAFE ETF stock opened at $96.98 on Tuesday. The firm has a 50-day moving average of $96.14 and a 200-day moving average of $93.54. The stock has a market cap of $165.84 billion, a PE ratio of 16.18 and a beta of 0.84. iShares Core MSCI EAFE ETF has a 52-week low of $79.82 and a 52-week high of $98.83.

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.