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

Cynosure Group LLC reduced its stake in iShares Core MSCI EAFE ETF (BATS:IEFA) by 14.8% in the 4th quarter, HoldingsChannel.com reports. The firm owned 37,612 shares of the company’s stock after selling 6,551 shares during the period. Cynosure Group LLC’s holdings in iShares Core MSCI EAFE ETF were worth $2,643,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. Confluence Investment Management LLC acquired a new position in iShares Core MSCI EAFE ETF in the 4th quarter worth approximately $284,000. Vontobel Holding Ltd. acquired a new stake in iShares Core MSCI EAFE ETF in the 4th quarter worth about $270,000. Shepherd Financial Partners LLC increased its position in shares of iShares Core MSCI EAFE ETF by 0.3% during the fourth quarter. Shepherd Financial Partners LLC now owns 686,669 shares of the company’s stock worth $48,259,000 after purchasing an additional 1,730 shares in the last quarter. GAMMA Investing LLC increased its holdings in shares of iShares Core MSCI EAFE ETF by 21.4% during 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 last quarter. Finally, PBMares Wealth Management LLC lifted its holdings in iShares Core MSCI EAFE ETF by 14.6% in the fourth quarter. PBMares Wealth Management LLC now owns 4,651 shares of the company’s stock valued at $327,000 after acquiring an additional 594 shares during the last quarter.

iShares Core MSCI EAFE ETF Price Performance

Shares of IEFA stock opened at $75.83 on Wednesday. The firm has a market cap of $128.14 billion, a PE ratio of 16.50 and a beta of 0.88. iShares Core MSCI EAFE ETF has a 1-year low of $68.74 and a 1-year high of $78.95. The company has a 50-day moving average of $75.80 and a two-hundred day moving average of $74.41.

iShares Core MSCI EAFE ETF 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.