Traders Buy Shares of iShares Trust (IEFA) on Weakness

Investors bought shares of iShares Trust (BATS:IEFA) on weakness during trading hours on Wednesday. $87.97 million flowed into the stock on the tick-up and $50.36 million flowed out of the stock on the tick-down, for a money net flow of $37.61 million into the stock. Of all equities tracked, iShares Trust had the 30th highest net in-flow for the day. iShares Trust traded down ($0.12) for the day and closed at $67.98

The business also recently disclosed a semiannual dividend, which was paid on Tuesday, December 26th. Stockholders of record on Wednesday, December 20th were paid a dividend of $0.7309 per share. The ex-dividend date of this dividend was Tuesday, December 19th. This represents a dividend yield of 2.23%.

Several institutional investors have recently modified their holdings of the stock. Institutional & Family Asset Management LLC raised its holdings in shares of iShares Trust by 22.2% during the third quarter. Institutional & Family Asset Management LLC now owns 4,771 shares of the company’s stock worth $306,000 after purchasing an additional 868 shares during the last quarter. Asset Planning Services Ltd. raised its holdings in shares of iShares Trust by 2.7% during the third quarter. Asset Planning Services Ltd. now owns 40,900 shares of the company’s stock worth $2,625,000 after purchasing an additional 1,081 shares during the last quarter. Wealthsource Partners LLC raised its holdings in shares of iShares Trust by 1.0% during the third quarter. Wealthsource Partners LLC now owns 146,279 shares of the company’s stock worth $9,387,000 after purchasing an additional 1,456 shares during the last quarter. Advantage Investment Management LLC raised its holdings in shares of iShares Trust by 15.4% during the third quarter. Advantage Investment Management LLC now owns 12,360 shares of the company’s stock worth $793,000 after purchasing an additional 1,651 shares during the last quarter. Finally, Aspen Investment Management Inc raised its holdings in shares of iShares Trust by 4.8% during the third quarter. Aspen Investment Management Inc now owns 40,551 shares of the company’s stock worth $2,602,000 after purchasing an additional 1,850 shares during the last quarter.

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