Elmwood Wealth Management Inc. Sells 2,841 Shares of iShares Core MSCI EAFE ETF (BATS:IEFA)

Elmwood Wealth Management Inc. cut its stake in iShares Core MSCI EAFE ETF (BATS:IEFA) by 4.4% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 62,308 shares of the company’s stock after selling 2,841 shares during the period. iShares Core MSCI EAFE ETF makes up approximately 1.8% of Elmwood Wealth Management Inc.’s holdings, making the stock its 13th biggest position. Elmwood Wealth Management Inc.’s holdings in iShares Core MSCI EAFE ETF were worth $4,379,000 as of its most recent SEC filing.

A number of other hedge funds have also recently bought and sold shares of IEFA. HCR Wealth Advisors lifted its holdings in iShares Core MSCI EAFE ETF by 9.4% during the 3rd quarter. HCR Wealth Advisors now owns 16,331 shares of the company’s stock valued at $1,275,000 after purchasing an additional 1,397 shares during the last quarter. Chan Zuckerberg Initiative LLC bought a new position in shares of iShares Core MSCI EAFE ETF in the third quarter worth about $86,526,000. Confluence Investment Management LLC acquired a new stake in shares of iShares Core MSCI EAFE ETF during the 4th quarter worth approximately $284,000. GAMMA Investing LLC grew its position 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 period. Finally, Lavaca Capital LLC acquired a new stake in shares of iShares Core MSCI EAFE ETF during the 3rd quarter worth approximately $787,000.

iShares Core MSCI EAFE ETF Stock Down 1.5 %

BATS IEFA traded down $1.08 during trading on Monday, reaching $69.75. 11,696,625 shares of the stock traded hands. The firm has a market cap of $109.51 billion, a price-to-earnings ratio of 14.38 and a beta of 0.82. The stock’s 50-day moving average price is $72.29 and its 200 day moving average price is $74.07. iShares Core MSCI EAFE ETF has a fifty-two week low of $56.55 and a fifty-two week high of $70.84.

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.