Rialto Wealth Management LLC Acquires 18,046 Shares of iShares Core MSCI EAFE ETF $IEFA

Rialto Wealth Management LLC raised its holdings in iShares Core MSCI EAFE ETF (BATS:IEFA) by 9.6% during the 2nd quarter, HoldingsChannel reports. The institutional investor owned 206,743 shares of the company’s stock after purchasing an additional 18,046 shares during the period. iShares Core MSCI EAFE ETF makes up 4.8% of Rialto Wealth Management LLC’s portfolio, making the stock its 3rd biggest position. Rialto Wealth Management LLC’s holdings in iShares Core MSCI EAFE ETF were worth $17,259,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in IEFA. Wedbush Securities Inc. increased its stake in iShares Core MSCI EAFE ETF by 58.9% in the second quarter. Wedbush Securities Inc. now owns 31,916 shares of the company’s stock valued at $2,664,000 after acquiring an additional 11,836 shares during the period. Rovin Capital UT ADV boosted its holdings in iShares Core MSCI EAFE ETF by 3.6% during the second quarter. Rovin Capital UT ADV now owns 119,978 shares of the company’s stock valued at $10,016,000 after purchasing an additional 4,163 shares in the last quarter. Aspect Partners LLC grew its stake in shares of iShares Core MSCI EAFE ETF by 66.2% in the 2nd quarter. Aspect Partners LLC now owns 176,342 shares of the company’s stock valued at $14,721,000 after purchasing an additional 70,241 shares during the period. Walkner Condon Financial Advisors LLC grew its stake in shares of iShares Core MSCI EAFE ETF by 27.2% in the 2nd quarter. Walkner Condon Financial Advisors LLC now owns 4,911 shares of the company’s stock valued at $410,000 after purchasing an additional 1,050 shares during the period. Finally, Broadview Financial Management LLC raised its holdings in shares of iShares Core MSCI EAFE ETF by 3.8% in the 2nd quarter. Broadview Financial Management LLC now owns 279,212 shares of the company’s stock worth $23,309,000 after buying an additional 10,202 shares in the last quarter.

iShares Core MSCI EAFE ETF Price Performance

iShares Core MSCI EAFE ETF stock opened at $87.83 on Friday. The business has a 50 day simple moving average of $87.41 and a 200 day simple moving average of $84.26. The company has a market capitalization of $150.18 billion, a PE ratio of 16.18 and a beta of 0.84. iShares Core MSCI EAFE ETF has a one year low of $66.95 and a one year 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.