Brooklyn Investment Group Acquires New Position in iShares Core MSCI EAFE ETF (BATS:IEFA)

In the fourth quarter, Brooklyn Investment Group announced that it has acquired a new position in the iShares Core MSCI EAFE ETF (BATS:IEFA). According to the firm's latest disclosure filed with the SEC, they purchased a total of 1,515 shares, which were valued at around $106,000.

Alongside Brooklyn Investment Group, several other hedge funds have also recently adjusted their investments in the iShares Core MSCI EAFE ETF. For example, Darwin Wealth Management LLC established a new position worth $30,000 during the third quarter. Meanwhile, St. Johns Investment Management Company LLC also bought shares in the same quarter, totaling approximately $37,000. Additionally, FSA Wealth Management LLC acquired a new stake valued at about $38,000 during the third quarter, and Kimelman & Baird LLC invested approximately $39,000 in the second quarter. First Pacific Financial further contributed by acquiring shares worth about $57,000 in the fourth quarter.

Performance of iShares Core MSCI EAFE ETF

On Monday, shares of the iShares Core MSCI EAFE ETF opened at $71.34. The fund maintains a 50-day moving average of $71.90 and a 200-day moving average of $73.98. The ETF has a market capitalization of $112 billion, a P/E ratio of 14.38, and a beta of 0.82. Over the past year, the ETF has seen a low of $56.55 and a high of $70.84.

Overview of iShares Core MSCI EAFE ETF

The iShares Core MSCI EAFE ETF (IEFA) is designed to track the MSCI EAFE IMI index. This index comprises a market-cap-weighted selection of stocks from developed markets in Europe, Australasia, and the Far East, while deliberately excluding North American stocks. The fund was launched on October 18, 2012, and is managed by BlackRock.

Further Information

To see what other hedge funds are currently investing in the iShares Core MSCI EAFE ETF, you can visit HoldingsChannel.com for the latest 13F filings and insider trades.

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investment, ETF, acquisition