Fairway Wealth LLC Has $50.94 Million Position in iShares Core MSCI EAFE ETF $IEFA

Fairway Wealth LLC lifted its stake in iShares Core MSCI EAFE ETF (BATS:IEFA) by 235.8% in the second quarter, Holdings Channel.com reports. The fund owned 610,255 shares of the company’s stock after purchasing an additional 428,502 shares during the period. iShares Core MSCI EAFE ETF makes up approximately 11.9% of Fairway Wealth LLC’s portfolio, making the stock its 2nd biggest position. Fairway Wealth LLC’s holdings in iShares Core MSCI EAFE ETF were worth $50,944,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in IEFA. Alaska Permanent Fund Corp boosted its holdings in shares of iShares Core MSCI EAFE ETF by 198.2% in the first quarter. Alaska Permanent Fund Corp now owns 7,583,471 shares of the company’s stock worth $596,895,000 after acquiring an additional 5,040,373 shares during the period. Truist Financial Corp boosted its holdings in shares of iShares Core MSCI EAFE ETF by 40.1% in the second quarter. Truist Financial Corp now owns 15,245,913 shares of the company’s stock worth $1,272,729,000 after acquiring an additional 4,362,206 shares during the period. National Bank of Canada FI boosted its holdings in shares of iShares Core MSCI EAFE ETF by 308.9% in the first quarter. National Bank of Canada FI now owns 3,509,149 shares of the company’s stock worth $265,438,000 after acquiring an additional 2,651,047 shares during the period. Bank of New York Mellon Corp boosted its holdings in shares of iShares Core MSCI EAFE ETF by 7.2% in the first quarter. Bank of New York Mellon Corp now owns 32,276,425 shares of the company’s stock worth $2,441,712,000 after acquiring an additional 2,175,194 shares during the period. Finally, Nuveen LLC bought a new position in shares of iShares Core MSCI EAFE ETF in the first quarter worth $140,348,000.

iShares Core MSCI EAFE ETF Stock Performance

Shares of IEFA stock opened at $88.14 on Monday. iShares Core MSCI EAFE ETF has a 52-week low of $66.95 and a 52-week high of $87.36. The company has a market capitalization of $150.72 billion, a PE ratio of 16.18 and a beta of 0.84. The business’s fifty day moving average is $86.66 and its 200 day moving average is $82.56.

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.