Private Wealth Management Group LLC Decreases Stake in iShares Core MSCI EAFE ETF $IEFA

Private Wealth Management Group LLC lessened its stake in iShares Core MSCI EAFE ETF (BATS:IEFA) by 23.0% in the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 1,944 shares of the company’s stock after selling 581 shares during the quarter. Private Wealth Management Group LLC’s holdings in iShares Core MSCI EAFE ETF were worth $162,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in the stock. Cypress Wealth Services LLC boosted its stake in shares of iShares Core MSCI EAFE ETF by 1.2% in the 2nd quarter. Cypress Wealth Services LLC now owns 10,498 shares of the company’s stock valued at $876,000 after buying an additional 127 shares during the period. MBA Advisors LLC lifted its stake in iShares Core MSCI EAFE ETF by 2.3% during the second quarter. MBA Advisors LLC now owns 5,730 shares of the company’s stock worth $478,000 after purchasing an additional 130 shares during the last quarter. Kingsman Wealth Management Inc. lifted its stake in iShares Core MSCI EAFE ETF by 1.8% during the second quarter. Kingsman Wealth Management Inc. now owns 7,480 shares of the company’s stock worth $624,000 after purchasing an additional 134 shares during the last quarter. Salem Investment Counselors Inc. lifted its stake in iShares Core MSCI EAFE ETF by 1.1% during the second quarter. Salem Investment Counselors Inc. now owns 12,109 shares of the company’s stock worth $1,011,000 after purchasing an additional 137 shares during the last quarter. Finally, RCS Financial Planning LLC lifted its stake in iShares Core MSCI EAFE ETF by 1.5% during the second quarter. RCS Financial Planning LLC now owns 9,555 shares of the company’s stock worth $798,000 after purchasing an additional 143 shares during the last quarter.

iShares Core MSCI EAFE ETF Stock Up 26.3%

IEFA stock opened at $88.14 on Friday. The business has a 50 day moving average price of $86.66 and a 200 day moving average price of $82.47. The stock has a market cap of $150.72 billion, a price-to-earnings ratio of 16.18 and a beta of 0.84. iShares Core MSCI EAFE ETF has a fifty-two week low of $66.95 and a fifty-two week high of $87.36.

iShares Core MSCI EAFE ETF Company Profile

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.