Sequoia Financial Advisors LLC Invests $200,000 in iShares MSCI BIC ETF (NYSEARCA:BKF)

Sequoia Financial Advisors LLC bought a new position in iShares MSCI BIC ETF (NYSEARCA:BKF) in the 1st quarter, according to its most recent disclosure with the SEC. The firm bought 5,000 shares of the company’s stock, valued at approximately $200,000.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Bank of America Corp DE lifted its position in shares of iShares MSCI BIC ETF by 4.1% in the 4th quarter. Bank of America Corp DE now owns 24,961 shares of the company’s stock worth $911,000 after purchasing an additional 984 shares during the period. Raymond James Financial Inc. purchased a new stake in shares of iShares MSCI BIC ETF in the 4th quarter worth about $551,000. Wells Fargo & Company MN lifted its position in shares of iShares MSCI BIC ETF by 28.3% in the 4th quarter. Wells Fargo & Company MN now owns 4,357 shares of the company’s stock worth $159,000 after purchasing an additional 961 shares during the period. Allianz SE purchased a new stake in shares of iShares MSCI BIC ETF in the 4th quarter worth about $10,366,000. Finally, TD Private Client Wealth LLC lifted its position in shares of iShares MSCI BIC ETF by 286.9% in the 4th quarter. TD Private Client Wealth LLC now owns 1,331 shares of the company’s stock worth $49,000 after purchasing an additional 987 shares during the period.

iShares MSCI BIC ETF Trading Up 0.1%

NYSEARCA:BKF opened at $41.43 on Friday. The company has a 50-day moving average price of $40.71 and a 200-day moving average price of $38.93. The stock has a market cap of $87.00 million, a price-to-earnings ratio of 14.95 and a beta of 0.59. iShares MSCI BIC ETF has a 12 month low of $34.56 and a 12 month high of $43.59.

iShares MSCI BIC ETF Company Profile

iShares MSCI BRIC ETF (the Fund), formerly iShares MSCI BRIC Index Fund, is an exchange-traded fund (ETF). The Fund is an exchange-traded fund that seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the MSCI BRIC Index (the Index).