Traders purchased shares of iShares Trust (BATS:IEFA) on weakness during trading hours on Tuesday. $192.92 million flowed into the stock on the tick-up and $117.24 million flowed out of the stock on the tick-down, for a money net flow of $75.68 million into the stock. Of all equities tracked, iShares Trust had the 14th highest net in-flow for the day. iShares Trust traded down ($0.46) for the day and closed at $69.72
Several large investors have recently made changes to their positions in the business. Bessemer Group Inc. increased its stake in shares of iShares Trust by 15.5% in the fourth quarter. Bessemer Group Inc. now owns 9,441 shares of the company’s stock valued at $623,000 after purchasing an additional 1,267 shares during the period. Schmidt P J Investment Management Inc. increased its stake in shares of iShares Trust by 314.7% in the fourth quarter. Schmidt P J Investment Management Inc. now owns 85,808 shares of the company’s stock valued at $5,671,000 after purchasing an additional 65,118 shares during the period. Fulcrum Capital LLC acquired a new stake in shares of iShares Trust in the fourth quarter valued at approximately $27,031,000. Ledyard National Bank increased its stake in shares of iShares Trust by 263.2% in the fourth quarter. Ledyard National Bank now owns 3,450 shares of the company’s stock valued at $228,000 after purchasing an additional 2,500 shares during the period. Finally, Huber Financial Advisors LLC acquired a new stake in shares of iShares Trust in the fourth quarter valued at approximately $475,000.
COPYRIGHT VIOLATION WARNING: This article was posted by Dispatch Tribunal and is the sole property of of Dispatch Tribunal. If you are accessing this article on another domain, it was copied illegally and reposted in violation of U.S. & international trademark & copyright laws. The legal version of this article can be accessed at https://www.dispatchtribunal.com/2018/01/30/traders-buy-shares-of-ishares-trust-iefa-on-weakness-2.html.
Receive News & Ratings for iShares Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares Trust and related companies with MarketBeat.com's FREE daily email newsletter.