Planning Project LLC Buys New Shares in iShares Core MSCI EAFE ETF $IEFA

Planning Project LLC acquired a new stake in shares of iShares Core MSCI EAFE ETF (BATS:IEFA) in the 2nd quarter, Holdings Channel.com reports. The institutional investor acquired 914,240 shares of the company’s stock, valued at approximately $91,605,000. iShares Core MSCI EAFE ETF makes up 18.3% of Planning Project LLC’s holdings, making the stock its 2nd biggest holding.

A number of other institutional investors and hedge funds have also recently bought and sold shares of IEFA. Bank of America Corp DE increased its position in shares of iShares Core MSCI EAFE ETF by 1.3% in the fourth quarter. Bank of America Corp DE now owns 227,762,243 shares of the company’s stock worth $20,375,610,000 after acquiring an additional 2,898,995 shares in the last quarter. Morgan Stanley grew its stake in shares of iShares Core MSCI EAFE ETF by 4.9% during the fourth quarter. Morgan Stanley now owns 104,883,248 shares of the company’s stock valued at $9,382,856,000 after acquiring an additional 4,892,313 shares in the last quarter. Wells Fargo & Company MN increased its holdings in iShares Core MSCI EAFE ETF by 3.8% during the 4th quarter. Wells Fargo & Company MN now owns 79,118,875 shares of the company’s stock worth $7,077,975,000 after purchasing an additional 2,898,461 shares during the last quarter. Raymond James Financial Inc. increased its stake in shares of iShares Core MSCI EAFE ETF by 15.0% in the fourth quarter. Raymond James Financial Inc. now owns 43,144,722 shares of the company’s stock worth $3,859,727,000 after buying an additional 5,635,481 shares during the last quarter. Finally, LPL Financial LLC increased its position in shares of iShares Core MSCI EAFE ETF by 4.6% in the 4th quarter. LPL Financial LLC now owns 40,788,933 shares of the company’s stock worth $3,648,978,000 after purchasing an additional 1,799,732 shares during the last quarter.

iShares Core MSCI EAFE ETF Price Performance

Shares of BATS IEFA opened at $101.08 on Monday. The stock’s 50 day moving average price is $98.67 and its two-hundred day moving average price is $96.28. iShares Core MSCI EAFE ETF has a 52-week low of $85.03 and a 52-week high of $101.44. The stock has a market capitalization of $172.85 billion, a P/E ratio of 16.18 and a beta of 0.84.

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.