iShares Core MSCI EAFE ETF (BATS:IEFA) Shares Sold by Waypoint Wealth Partners Inc.

Waypoint Wealth Partners Inc. cut its stake in iShares Core MSCI EAFE ETF (BATS:IEFA) by 9.0% in the second quarter, HoldingsChannel reports. The institutional investor owned 57,399 shares of the company’s stock after selling 5,700 shares during the quarter. iShares Core MSCI EAFE ETF makes up about 1.2% of Waypoint Wealth Partners Inc.’s holdings, making the stock its 10th biggest holding. Waypoint Wealth Partners Inc.’s holdings in iShares Core MSCI EAFE ETF were worth $4,169,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also modified their holdings of the stock. Atlantic Union Bankshares Corp raised its holdings in shares of iShares Core MSCI EAFE ETF by 165.6% in the 2nd quarter. Atlantic Union Bankshares Corp now owns 8,501 shares of the company’s stock worth $617,000 after buying an additional 5,300 shares in the last quarter. EWA LLC increased its holdings in iShares Core MSCI EAFE ETF by 1.7% during the 2nd quarter. EWA LLC now owns 22,356 shares of the company’s stock valued at $1,661,000 after purchasing an additional 374 shares in the last quarter. Family Firm Inc. acquired a new stake in iShares Core MSCI EAFE ETF during the 2nd quarter valued at $293,000. Paladin Advisory Group LLC increased its holdings in iShares Core MSCI EAFE ETF by 2.4% during the 2nd quarter. Paladin Advisory Group LLC now owns 81,268 shares of the company’s stock valued at $5,911,000 after purchasing an additional 1,874 shares in the last quarter. Finally, Grove Bank & Trust increased its holdings in iShares Core MSCI EAFE ETF by 5.7% during the 2nd quarter. Grove Bank & Trust now owns 192,749 shares of the company’s stock valued at $14,001,000 after purchasing an additional 10,324 shares in the last quarter.

iShares Core MSCI EAFE ETF Stock Up 1.9 %

IEFA stock traded up $1.41 during midday trading on Friday, reaching $77.06. 6,394,922 shares of the company’s stock traded hands. The company has a 50-day simple moving average of $73.58 and a two-hundred day simple moving average of $73.30. iShares Core MSCI EAFE ETF has a 1-year low of $56.55 and a 1-year high of $70.84. The company has a market cap of $120.98 billion, a price-to-earnings ratio of 14.38 and a beta of 0.82.

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.