Investment Advisory Group LLC Sells 442 Shares of iShares Core MSCI EAFE ETF (BATS:IEFA)

Investment Advisory Group LLC lessened its position in shares of iShares Core MSCI EAFE ETF (BATS:IEFA) by 1.5% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 28,366 shares of the company’s stock after selling 442 shares during the period. iShares Core MSCI EAFE ETF makes up 0.9% of Investment Advisory Group LLC’s holdings, making the stock its 27th biggest holding. Investment Advisory Group LLC’s holdings in iShares Core MSCI EAFE ETF were worth $1,996,000 at the end of the most recent quarter.

A number of other hedge funds have also bought and sold shares of IEFA. SVB Wealth LLC increased its stake in iShares Core MSCI EAFE ETF by 155.2% in the fourth quarter. SVB Wealth LLC now owns 378,746 shares of the company’s stock valued at $26,645,000 after purchasing an additional 230,352 shares in the last quarter. First American Trust FSB bought a new stake in iShares Core MSCI EAFE ETF in the fourth quarter valued at $543,000. Grant GrossMendelsohn LLC increased its stake in iShares Core MSCI EAFE ETF by 8.3% in the fourth quarter. Grant GrossMendelsohn LLC now owns 12,123 shares of the company’s stock valued at $848,000 after purchasing an additional 925 shares in the last quarter. Ashford Advisors LLC bought a new stake in iShares Core MSCI EAFE ETF in the fourth quarter valued at $62,000. Finally, Flputnam Investment Management Co. increased its stake in iShares Core MSCI EAFE ETF by 20.8% in the fourth quarter. Flputnam Investment Management Co. now owns 3,472,974 shares of the company’s stock valued at $244,324,000 after purchasing an additional 597,429 shares in the last quarter.

iShares Core MSCI EAFE ETF Stock Down 0.3 %

IEFA traded down $0.22 during midday trading on Tuesday, hitting $71.64. The company had a trading volume of 8,067,706 shares. iShares Core MSCI EAFE ETF has a 52 week low of $56.55 and a 52 week high of $70.84. The company has a market capitalization of $111.76 billion, a price-to-earnings ratio of 14.39 and a beta of 0.82. The stock’s 50 day moving average price is $72.48 and its 200 day moving average price is $68.92.

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.