Cardinal Point Capital Management ULC Invests $212,000 in iShares Core MSCI EAFE ETF (BATS:IEFA)

Cardinal Point Capital Management ULC acquired a new stake in shares of iShares Core MSCI EAFE ETF (BATS:IEFA) during the 2nd quarter, Holdings Channel.com reports. The firm acquired 3,146 shares of the company’s stock, valued at approximately $212,000.

Several other institutional investors and hedge funds have also modified their holdings of IEFA. Citigroup Inc. lifted its stake in iShares Core MSCI EAFE ETF by 21.8% in the second quarter. Citigroup Inc. now owns 236,102 shares of the company’s stock valued at $15,937,000 after buying an additional 42,222 shares in the last quarter. AlphaCore Capital LLC boosted its stake in iShares Core MSCI EAFE ETF by 22.3% in the 2nd quarter. AlphaCore Capital LLC now owns 3,178 shares of the company’s stock worth $215,000 after purchasing an additional 579 shares during the period. Cetera Investment Advisers boosted its stake in iShares Core MSCI EAFE ETF by 8.7% in the 2nd quarter. Cetera Investment Advisers now owns 1,118,760 shares of the company’s stock worth $75,516,000 after purchasing an additional 89,467 shares during the period. Summit X LLC increased its holdings in iShares Core MSCI EAFE ETF by 5.6% during the 2nd quarter. Summit X LLC now owns 48,118 shares of the company’s stock worth $3,249,000 after purchasing an additional 2,568 shares in the last quarter. Finally, Veritable L.P. raised its stake in shares of iShares Core MSCI EAFE ETF by 72.0% in the 2nd quarter. Veritable L.P. now owns 31,932 shares of the company’s stock valued at $2,155,000 after purchasing an additional 13,367 shares during the period.

iShares Core MSCI EAFE ETF Price Performance

Shares of iShares Core MSCI EAFE ETF stock opened at $66.30 on Wednesday. The firm has a market cap of $97.46 billion, a price-to-earnings ratio of 12.29 and a beta of 0.87. iShares Core MSCI EAFE ETF has a one year low of $56.55 and a one year high of $70.84. The stock’s 50-day moving average is $64.27 and its 200-day moving average is $66.42.

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.