Zhang Financial LLC Makes New Investment in iShares Core MSCI EAFE ETF $IEFA

Zhang Financial LLC acquired a new position in shares of iShares Core MSCI EAFE ETF (BATS:IEFA) during the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 5,347 shares of the company’s stock, valued at approximately $467,000.

Other hedge funds also recently modified their holdings of the company. Bank of America Corp DE raised its holdings in shares of iShares Core MSCI EAFE ETF by 2.5% during the 2nd quarter. Bank of America Corp DE now owns 220,025,516 shares of the company’s stock worth $18,367,730,000 after buying an additional 5,414,037 shares in the last quarter. Jones Financial Companies Lllp lifted its stake in shares of iShares Core MSCI EAFE ETF by 7.6% during the 3rd quarter. Jones Financial Companies Lllp now owns 96,540,540 shares of the company’s stock valued at $8,355,581,000 after buying an additional 6,837,301 shares in the last quarter. Raymond James Financial Inc. boosted its holdings in iShares Core MSCI EAFE ETF by 2.9% in the 2nd quarter. Raymond James Financial Inc. now owns 38,892,517 shares of the company’s stock worth $3,246,747,000 after buying an additional 1,109,663 shares during the period. Bank of New York Mellon Corp grew its stake in iShares Core MSCI EAFE ETF by 3.2% in the 3rd quarter. Bank of New York Mellon Corp now owns 33,603,089 shares of the company’s stock valued at $2,933,886,000 after buying an additional 1,042,402 shares in the last quarter. Finally, JPMorgan Chase & Co. raised its holdings in iShares Core MSCI EAFE ETF by 1.2% during the 2nd quarter. JPMorgan Chase & Co. now owns 17,482,717 shares of the company’s stock valued at $1,459,457,000 after acquiring an additional 213,854 shares during the period.

iShares Core MSCI EAFE ETF Price Performance

BATS IEFA opened at $98.56 on Thursday. The company’s 50 day simple moving average is $93.42 and its two-hundred day simple moving average is $89.54. The stock has a market capitalization of $168.54 billion, a PE ratio of 16.18 and a beta of 0.84. iShares Core MSCI EAFE ETF has a 1 year low of $66.95 and a 1 year high of $98.67.

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.