Sowell Financial Services LLC Acquires 238,489 Shares of iShares Core MSCI EAFE ETF $IEFA

Sowell Financial Services LLC acquired a new position in iShares Core MSCI EAFE ETF (BATS:IEFA) in the third quarter, Holdings Channel reports. The institutional investor acquired 238,489 shares of the company’s stock, valued at approximately $23,105,000. iShares Core MSCI EAFE ETF makes up approximately 0.7% of Sowell Financial Services LLC’s portfolio, making the stock its 22nd largest position.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. Bull Oak Capital LLC raised its position in iShares Core MSCI EAFE ETF by 2.0% during the third quarter. Bull Oak Capital LLC now owns 411,244 shares of the company’s stock valued at $39,841,000 after purchasing an additional 8,218 shares during the period. Evergreen Capital Management LLC bought a new stake in shares of iShares Core MSCI EAFE ETF in the 3rd quarter valued at approximately $33,999,000. Gibbs Wealth Management boosted its holdings in shares of iShares Core MSCI EAFE ETF by 4.0% in the 3rd quarter. Gibbs Wealth Management now owns 8,170 shares of the company’s stock worth $792,000 after purchasing an additional 313 shares during the period. West Financial Advisors LLC boosted its holdings in shares of iShares Core MSCI EAFE ETF by 1.1% in the 3rd quarter. West Financial Advisors LLC now owns 293,334 shares of the company’s stock worth $28,418,000 after purchasing an additional 3,269 shares during the period. Finally, ONE Advisory Partners LLC purchased a new position in shares of iShares Core MSCI EAFE ETF in the 3rd quarter worth approximately $11,071,000.

iShares Core MSCI EAFE ETF Stock Performance

BATS IEFA opened at $96.66 on Thursday. The company has a market cap of $165.29 billion, a P/E ratio of 16.18 and a beta of 0.84. The business’s 50 day moving average price is $98.20 and its 200-day moving average price is $96.25. iShares Core MSCI EAFE ETF has a fifty-two week low of $85.03 and a fifty-two week high of $101.44.

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.