Pines Wealth Management LLC Makes New Investment in iShares Core MSCI EAFE ETF (BATS:IEFA)

Pines Wealth Management LLC bought a new stake in iShares Core MSCI EAFE ETF (BATS:IEFA) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor bought 3,667 shares of the company’s stock, valued at approximately $256,000.

A number of other hedge funds have also made changes to their positions in IEFA. HCR Wealth Advisors increased its stake in iShares Core MSCI EAFE ETF by 9.4% in the 3rd quarter. HCR Wealth Advisors now owns 16,331 shares of the company’s stock valued at $1,275,000 after buying an additional 1,397 shares during the period. Chan Zuckerberg Initiative LLC acquired a new position in shares of iShares Core MSCI EAFE ETF in the third quarter worth $86,526,000. Confluence Investment Management LLC purchased a new stake in shares of iShares Core MSCI EAFE ETF during the fourth quarter worth $284,000. GAMMA Investing LLC boosted its position in iShares Core MSCI EAFE ETF by 21.4% during the fourth quarter. GAMMA Investing LLC now owns 12,326 shares of the company’s stock valued at $866,000 after purchasing an additional 2,176 shares during the last quarter. Finally, Lavaca Capital LLC purchased a new position in iShares Core MSCI EAFE ETF in the third quarter valued at about $787,000.

iShares Core MSCI EAFE ETF Price Performance

IEFA opened at $70.67 on Thursday. The company has a market capitalization of $110.94 billion, a PE ratio of 14.38 and a beta of 0.82. iShares Core MSCI EAFE ETF has a fifty-two week low of $56.55 and a fifty-two week high of $70.84. The business has a 50-day moving average of $72.03 and a 200-day moving average of $74.00.

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.