Towercrest Capital Management Acquires 310,048 Shares of iShares Core MSCI EAFE ETF $IEFA

Towercrest Capital Management bought a new position in shares of iShares Core MSCI EAFE ETF (BATS:IEFA) in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 310,048 shares of the company’s stock, valued at approximately $30,037,000. iShares Core MSCI EAFE ETF makes up about 4.3% of Towercrest Capital Management’s investment portfolio, making the stock its 6th largest holding.

Other large investors have also recently bought and sold shares of the company. Capital Investment Advisors LLC acquired a new stake in iShares Core MSCI EAFE ETF during the third quarter worth approximately $31,341,000. Wedbush Securities Inc. purchased a new stake in shares of iShares Core MSCI EAFE ETF during the 3rd quarter worth approximately $1,659,000. Fifth Third Wealth Advisors LLC lifted its position in shares of iShares Core MSCI EAFE ETF by 6.0% during the 3rd quarter. Fifth Third Wealth Advisors LLC now owns 1,310,575 shares of the company’s stock worth $126,968,000 after buying an additional 74,499 shares during the last quarter. TSA Wealth Managment LLC acquired a new position in shares of iShares Core MSCI EAFE ETF in the 3rd quarter valued at $7,274,000. Finally, WASHINGTON TRUST Co boosted its holdings in shares of iShares Core MSCI EAFE ETF by 1.9% in the 3rd quarter. WASHINGTON TRUST Co now owns 324,807 shares of the company’s stock valued at $31,467,000 after buying an additional 6,140 shares in the last quarter.

iShares Core MSCI EAFE ETF Trading Down 0.5%

Shares of BATS IEFA traded down $0.47 during mid-day trading on Friday, reaching $95.68. The company had a trading volume of 7,491,461 shares, compared to its average volume of 11,895,907. The firm has a 50 day simple moving average of $98.45 and a two-hundred day simple moving average of $97.43. The stock has a market cap of $163.61 billion, a P/E ratio of 16.18 and a beta of 0.84. iShares Core MSCI EAFE ETF has a 52-week low of $85.03 and a 52-week high of $101.44.

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.