Planning Capital Management Corp Grows Stake in iShares Core MSCI EAFE ETF (BATS:IEFA)

Planning Capital Management Corp lifted its stake in shares of iShares Core MSCI EAFE ETF (BATS:IEFA) by 33.6% in the third quarter, Holdings Channel reports. The firm owned 26,250 shares of the company’s stock after buying an additional 6,599 shares during the period. iShares Core MSCI EAFE ETF accounts for about 1.4% of Planning Capital Management Corp’s investment portfolio, making the stock its 21st largest position. Planning Capital Management Corp’s holdings in iShares Core MSCI EAFE ETF were worth $2,049,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of IEFA. Headlands Technologies LLC acquired a new position in iShares Core MSCI EAFE ETF during the first quarter worth about $26,000. Truvestments Capital LLC acquired a new position in iShares Core MSCI EAFE ETF during the first quarter worth about $29,000. Kiely Wealth Advisory Group Inc. acquired a new position in iShares Core MSCI EAFE ETF during the second quarter worth about $29,000. Beaird Harris Wealth Management LLC acquired a new position in iShares Core MSCI EAFE ETF during the first quarter worth about $32,000. Finally, St. Johns Investment Management Company LLC acquired a new position in iShares Core MSCI EAFE ETF in the 3rd quarter valued at about $37,000.

iShares Core MSCI EAFE ETF Price Performance

BATS:IEFA opened at $72.01 on Thursday. The firm has a market capitalization of $113.06 billion, a price-to-earnings ratio of 14.38 and a beta of 0.82. The company’s 50-day moving average is $75.65 and its two-hundred day moving average is $74.71. iShares Core MSCI EAFE ETF has a 1-year low of $56.55 and a 1-year high of $70.84.

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.