iShares Core MSCI EAFE ETF $IEFA is Mechanics Financial Corp’s 5th Largest Position

Mechanics Financial Corp lifted its position in shares of iShares Core MSCI EAFE ETF (BATS:IEFA) by 5.0% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 113,235 shares of the company’s stock after purchasing an additional 5,378 shares during the period. iShares Core MSCI EAFE ETF accounts for about 3.7% of Mechanics Financial Corp’s holdings, 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.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Birchbrook Inc. bought a new position in shares of iShares Core MSCI EAFE ETF in the second quarter valued at approximately $25,000. Anfield Capital Management LLC lifted its holdings in 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 worth $28,000 after acquiring an additional 215 shares during the period. MB Levis & Associates LLC boosted its position in iShares Core MSCI EAFE ETF by 106.7% in the third quarter. MB Levis & Associates LLC now owns 339 shares of the company’s stock worth $30,000 after purchasing an additional 175 shares during the last quarter. Darwin Wealth Management LLC purchased a new position in iShares Core MSCI EAFE ETF in the second quarter worth $33,000. Finally, Westend Capital Management LLC bought a new position in iShares Core MSCI EAFE ETF in the 3rd quarter valued at $43,000.

iShares Core MSCI EAFE ETF Stock Performance

BATS IEFA opened at $97.38 on Wednesday. The company has a 50-day simple moving average of $91.60 and a 200 day simple moving average of $88.47. iShares Core MSCI EAFE ETF has a 52-week low of $66.95 and a 52-week high of $97.72. The company has a market capitalization of $166.52 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.