Magnus Financial Group LLC Has $1.84 Million Stock Holdings in iShares Core MSCI EAFE ETF (BATS:IEFA)

Magnus Financial Group LLC reduced its stake in shares of iShares Core MSCI EAFE ETF (BATS:IEFA) by 24.5% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 26,168 shares of the company’s stock after selling 8,498 shares during the period. Magnus Financial Group LLC’s holdings in iShares Core MSCI EAFE ETF were worth $1,839,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of IEFA. Darwin Wealth Management LLC bought a new position in shares of iShares Core MSCI EAFE ETF during the third quarter worth about $30,000. Union Savings Bank grew its stake in shares of iShares Core MSCI EAFE ETF by 39.6% during the 4th quarter. Union Savings Bank now owns 501 shares of the company’s stock worth $35,000 after acquiring an additional 142 shares in the last quarter. Breakwater Investment Management acquired a new stake in shares of iShares Core MSCI EAFE ETF in the fourth quarter valued at approximately $36,000. St. Johns Investment Management Company LLC bought a new stake in shares of iShares Core MSCI EAFE ETF in the third quarter worth $37,000. Finally, FSA Wealth Management LLC acquired a new position in iShares Core MSCI EAFE ETF during the third quarter worth $38,000.

iShares Core MSCI EAFE ETF Trading Up 4.4 %

Shares of IEFA stock opened at $72.82 on Wednesday. The firm’s fifty day moving average price is $71.86 and its two-hundred day moving average price is $73.95. iShares Core MSCI EAFE ETF has a 1 year low of $56.55 and a 1 year high of $70.84. The firm has a market capitalization of $114.33 billion, a P/E ratio of 14.38 and a beta of 0.82.

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.