Mechanics Financial Corp Buys 5,378 Shares of iShares Core MSCI EAFE ETF $IEFA

Mechanics Financial Corp boosted its position in iShares Core MSCI EAFE ETF (BATS:IEFA) by 5.0% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 113,235 shares of the company’s stock after buying an additional 5,378 shares during the period. iShares Core MSCI EAFE ETF makes up approximately 3.7% of Mechanics Financial Corp’s portfolio, making the stock its 5th biggest position. Mechanics Financial Corp’s holdings in iShares Core MSCI EAFE ETF were worth $9,887,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in the company. Birchbrook Inc. acquired a new stake in iShares Core MSCI EAFE ETF in the 2nd quarter valued at $25,000. Anfield Capital Management LLC grew its holdings in shares of iShares Core MSCI EAFE ETF by 185.3% during the second quarter. Anfield Capital Management LLC now owns 331 shares of the company’s stock valued at $28,000 after buying an additional 215 shares during the last quarter. MB Levis & Associates LLC increased its position in shares of iShares Core MSCI EAFE ETF by 106.7% during the third quarter. MB Levis & Associates LLC now owns 339 shares of the company’s stock worth $30,000 after acquiring an additional 175 shares in the last quarter. Darwin Wealth Management LLC acquired a new stake in shares of iShares Core MSCI EAFE ETF in the 2nd quarter worth about $33,000. Finally, Westend Capital Management LLC acquired a new stake in shares of iShares Core MSCI EAFE ETF in the 3rd quarter worth about $43,000.

iShares Core MSCI EAFE ETF Stock Performance

IEFA stock opened at $97.38 on Wednesday. The business has a 50-day simple moving average of $91.60 and a two-hundred day simple moving average of $88.47. The company has a market capitalization of $166.52 billion, a P/E ratio of 16.18 and a beta of 0.84. iShares Core MSCI EAFE ETF has a 52-week low of $66.95 and a 52-week high of $97.72.

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.