State Farm Mutual Automobile Insurance Co. Makes New Investment in iShares Core MSCI EAFE ETF (BATS:IEFA)

State Farm Mutual Automobile Insurance Co. bought a new stake in iShares Core MSCI EAFE ETF (BATS:IEFA) during the fourth quarter, HoldingsChannel reports. The firm bought 4,386 shares of the company’s stock, valued at approximately $308,000.

Several other institutional investors and hedge funds have also bought and sold shares of IEFA. Hopwood Financial Services Inc. acquired a new position in shares of iShares Core MSCI EAFE ETF during the 4th quarter worth approximately $28,000. Farmers & Merchants Trust Co of Chambersburg PA acquired a new position in shares of iShares Core MSCI EAFE ETF in the fourth quarter valued at $29,000. Comprehensive Financial Planning Inc. PA bought a new position in shares of iShares Core MSCI EAFE ETF in the fourth quarter valued at about $30,000. Financial Life Planners acquired a new stake in shares of iShares Core MSCI EAFE ETF during the 4th quarter worth about $33,000. Finally, Lee Danner & Bass Inc. bought a new stake in shares of iShares Core MSCI EAFE ETF during the 4th quarter worth about $34,000.

iShares Core MSCI EAFE ETF Stock Up 9.5 %

iShares Core MSCI EAFE ETF stock opened at $76.40 on Friday. The company’s 50-day moving average price is $75.65 and its two-hundred day moving average price is $74.42. The stock has a market cap of $128.35 billion, a P/E ratio of 16.46 and a beta of 0.88. iShares Core MSCI EAFE ETF has a twelve month low of $68.74 and a twelve month high of $78.95.

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.