Asset Allocation Strategies LLC Boosts Stake in iShares Core MSCI EAFE ETF $IEFA

Asset Allocation Strategies LLC raised its position in shares of iShares Core MSCI EAFE ETF (BATS:IEFA) by 20.8% in the fourth quarter, Holdings Channel.com reports. The fund owned 94,131 shares of the company’s stock after buying an additional 16,201 shares during the quarter. iShares Core MSCI EAFE ETF comprises approximately 1.6% of Asset Allocation Strategies LLC’s holdings, making the stock its 20th largest position. Asset Allocation Strategies LLC’s holdings in iShares Core MSCI EAFE ETF were worth $8,421,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently added to or reduced their stakes in IEFA. JPMorgan Chase & Co. grew its position in iShares Core MSCI EAFE ETF by 179.9% during the fourth quarter. JPMorgan Chase & Co. now owns 18,177,164 shares of the company’s stock valued at $1,626,129,000 after acquiring an additional 40,918,156 shares during the period. Bank of Montreal Can grew its position in iShares Core MSCI EAFE ETF by 109.0% during the third quarter. Bank of Montreal Can now owns 13,626,889 shares of the company’s stock valued at $1,189,764,000 after acquiring an additional 7,107,210 shares during the period. Bank of America Corp DE grew its position in iShares Core MSCI EAFE ETF by 2.2% during the third quarter. Bank of America Corp DE now owns 224,863,248 shares of the company’s stock valued at $19,632,810,000 after acquiring an additional 4,837,732 shares during the period. LPL Financial LLC grew its position in iShares Core MSCI EAFE ETF by 4.6% during the fourth quarter. LPL Financial LLC now owns 40,788,933 shares of the company’s stock valued at $3,648,978,000 after acquiring an additional 1,799,732 shares during the period. Finally, Axxcess Wealth Management LLC grew its position in iShares Core MSCI EAFE ETF by 1,401.6% during the fourth quarter. Axxcess Wealth Management LLC now owns 1,889,064 shares of the company’s stock valued at $168,996,000 after acquiring an additional 1,763,263 shares during the period.

iShares Core MSCI EAFE ETF Trading Up 0.2%

IEFA stock opened at $97.97 on Friday. The stock has a 50-day moving average price of $96.03 and a two-hundred day moving average price of $93.43. iShares Core MSCI EAFE ETF has a 12-month low of $79.82 and a 12-month high of $98.83. The company has a market cap of $167.53 billion, a PE ratio of 16.18 and a beta of 0.84.

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.