Apollon Wealth Management LLC Purchases 174,106 Shares of iShares Core MSCI EAFE ETF (BATS:IEFA)

Apollon Wealth Management LLC boosted its position in shares of iShares Core MSCI EAFE ETF (BATS:IEFA) by 62.8% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 451,385 shares of the company’s stock after purchasing an additional 174,106 shares during the period. iShares Core MSCI EAFE ETF comprises 1.1% of Apollon Wealth Management LLC’s holdings, making the stock its 15th biggest holding. Apollon Wealth Management LLC’s holdings in iShares Core MSCI EAFE ETF were worth $31,755,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in IEFA. Morgan Stanley grew its holdings in shares of iShares Core MSCI EAFE ETF by 1.8% in the third quarter. Morgan Stanley now owns 88,364,142 shares of the company’s stock worth $5,686,233,000 after purchasing an additional 1,583,086 shares during the last quarter. Jones Financial Companies Lllp grew its stake in iShares Core MSCI EAFE ETF by 1.2% in the 3rd quarter. Jones Financial Companies Lllp now owns 73,231,881 shares of the company’s stock worth $4,712,472,000 after acquiring an additional 895,629 shares in the last quarter. TIAA Trust National Association purchased a new position in shares of iShares Core MSCI EAFE ETF during the third quarter worth approximately $3,749,602,000. LPL Financial LLC raised its stake in shares of iShares Core MSCI EAFE ETF by 4.3% during the third quarter. LPL Financial LLC now owns 33,364,576 shares of the company’s stock valued at $2,147,010,000 after acquiring an additional 1,360,944 shares in the last quarter. Finally, Raymond James & Associates boosted its holdings in shares of iShares Core MSCI EAFE ETF by 2.3% in the fourth quarter. Raymond James & Associates now owns 29,518,120 shares of the company’s stock valued at $2,076,600,000 after purchasing an additional 673,843 shares during the period.

iShares Core MSCI EAFE ETF Stock Performance

IEFA traded up $0.17 during trading on Tuesday, hitting $74.06. 4,591,427 shares of the stock were exchanged. The firm has a 50 day simple moving average of $72.89 and a 200 day simple moving average of $69.79. The firm has a market cap of $116.27 billion, a price-to-earnings ratio of 14.38 and a beta of 0.82. 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.