Grove Bank & Trust Raises Stock Position in iShares Core MSCI EAFE ETF $IEFA

Grove Bank & Trust raised its position in iShares Core MSCI EAFE ETF (BATS:IEFA) by 12.8% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 376,422 shares of the company’s stock after purchasing an additional 42,666 shares during the quarter. iShares Core MSCI EAFE ETF accounts for approximately 3.6% of Grove Bank & Trust’s holdings, making the stock its 5th biggest holding. Grove Bank & Trust’s holdings in iShares Core MSCI EAFE ETF were worth $36,355,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Legacy Solutions LLC bought a new stake in iShares Core MSCI EAFE ETF in the second quarter worth about $223,000. CoreCap Advisors LLC grew its stake in shares of iShares Core MSCI EAFE ETF by 7.0% during the second quarter. CoreCap Advisors LLC now owns 13,901 shares of the company’s stock valued at $1,343,000 after buying an additional 908 shares during the last quarter. Pacific Excel Wealth Advisors Inc. bought a new position in shares of iShares Core MSCI EAFE ETF during the second quarter valued at approximately $2,764,000. St. Clair Advisors LLC raised its holdings in shares of iShares Core MSCI EAFE ETF by 61.6% in the second quarter. St. Clair Advisors LLC now owns 225,416 shares of the company’s stock worth $21,771,000 after buying an additional 85,957 shares during the period. Finally, Pathway Financial Advisors LLC raised its holdings in shares of iShares Core MSCI EAFE ETF by 5.6% in the second quarter. Pathway Financial Advisors LLC now owns 388,506 shares of the company’s stock worth $37,802,000 after buying an additional 20,496 shares during the period.

iShares Core MSCI EAFE ETF Stock Performance

Shares of IEFA stock opened at $99.88 on Wednesday. iShares Core MSCI EAFE ETF has a 52-week low of $82.53 and a 52-week high of $100.01. The firm has a market capitalization of $170.79 billion, a P/E ratio of 16.18 and a beta of 0.84. The stock has a 50 day moving average price of $96.98 and a 200 day moving average price of $95.33.

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.