Investment Advisory Group LLC Cuts Stake in iShares Core MSCI EAFE ETF (BATS:IEFA)

Investment Advisory Group LLC lessened its stake in shares of iShares Core MSCI EAFE ETF (BATS:IEFA) by 2.6% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 28,502 shares of the company’s stock after selling 766 shares during the period. Investment Advisory Group LLC’s holdings in iShares Core MSCI EAFE ETF were worth $2,003,000 as of its most recent SEC filing.

Several other hedge funds have also added to or reduced their stakes in IEFA. HCR Wealth Advisors raised its stake in iShares Core MSCI EAFE ETF by 9.4% in the 3rd quarter. HCR Wealth Advisors now owns 16,331 shares of the company’s stock valued at $1,275,000 after acquiring an additional 1,397 shares during the period. Chan Zuckerberg Initiative LLC purchased a new stake in shares of iShares Core MSCI EAFE ETF during the 3rd quarter valued at approximately $86,526,000. Confluence Investment Management LLC purchased a new stake in shares of iShares Core MSCI EAFE ETF during the 4th quarter valued at approximately $284,000. GAMMA Investing LLC boosted its holdings in iShares Core MSCI EAFE ETF by 21.4% in the 4th quarter. GAMMA Investing LLC now owns 12,326 shares of the company’s stock worth $866,000 after buying an additional 2,176 shares during the period. Finally, Fifth Third Wealth Advisors LLC grew its stake in iShares Core MSCI EAFE ETF by 10.1% in the 4th quarter. Fifth Third Wealth Advisors LLC now owns 695,279 shares of the company’s stock valued at $48,864,000 after buying an additional 64,002 shares in the last quarter.

iShares Core MSCI EAFE ETF Trading Up 4.3 %

IEFA stock opened at $72.76 on Wednesday. The firm has a 50 day moving average of $71.86 and a 200-day moving average of $73.95. The firm has a market capitalization of $114.23 billion, a P/E ratio of 14.38 and a beta of 0.82. iShares Core MSCI EAFE ETF has a 12 month low of $56.55 and a 12 month high of $70.84.

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.