Synergy Investment Management LLC Makes New Investment in iShares Core MSCI EAFE ETF (BATS:IEFA)

Synergy Investment Management LLC purchased a new stake in iShares Core MSCI EAFE ETF (BATS:IEFA) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 93,943 shares of the company’s stock, valued at approximately $6,602,000. iShares Core MSCI EAFE ETF accounts for 2.8% of Synergy Investment Management LLC’s investment portfolio, making the stock its 9th biggest position.

Other large investors also recently made changes to their positions in the company. Farmers & Merchants Trust Co of Chambersburg PA bought a new position in iShares Core MSCI EAFE ETF during the 4th quarter worth approximately $29,000. Darwin Wealth Management LLC bought a new position in shares of iShares Core MSCI EAFE ETF during the third quarter worth $30,000. Comprehensive Financial Planning Inc. PA acquired a new position in shares of iShares Core MSCI EAFE ETF in the 4th quarter valued at $30,000. Financial Life Planners acquired a new position in shares of iShares Core MSCI EAFE ETF in the 4th quarter valued at $33,000. Finally, Union Savings Bank increased its position in shares of iShares Core MSCI EAFE ETF by 39.6% in the 4th quarter. Union Savings Bank now owns 501 shares of the company’s stock valued at $35,000 after buying an additional 142 shares in the last quarter.

iShares Core MSCI EAFE ETF Trading Up 9.4 %

IEFA stock opened at $76.32 on Tuesday. 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 cap of $128.22 billion, a PE ratio of 16.99 and a beta of 0.89. The business’s 50-day moving average price is $72.92 and its two-hundred day moving average price is $74.21.

iShares Core MSCI EAFE ETF Company 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.