Sterling Investment Advisors LLC ADV Buys 8,272 Shares of iShares Core MSCI EAFE ETF $IEFA

Sterling Investment Advisors LLC ADV raised its stake in iShares Core MSCI EAFE ETF (BATS:IEFA) by 2.0% in the 2nd quarter, Holdings Channel reports. The institutional investor owned 412,090 shares of the company’s stock after buying an additional 8,272 shares during the period. iShares Core MSCI EAFE ETF accounts for approximately 17.9% of Sterling Investment Advisors LLC ADV’s investment portfolio, making the stock its largest position. Sterling Investment Advisors LLC ADV’s holdings in iShares Core MSCI EAFE ETF were worth $39,800,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also modified their holdings of IEFA. Lloyd Advisory Services LLC. acquired a new position in shares of iShares Core MSCI EAFE ETF during the 4th quarter valued at about $26,000. Robinswood Financial LLC acquired a new stake in iShares Core MSCI EAFE ETF during the first quarter worth about $26,000. Kopp Family Office LLC acquired a new stake in iShares Core MSCI EAFE ETF during the second quarter worth about $26,000. Security National Bank purchased a new position in iShares Core MSCI EAFE ETF during the fourth quarter worth about $27,000. Finally, Wilkerson Advisory Group LLC purchased a new position in iShares Core MSCI EAFE ETF during the fourth quarter worth about $29,000.

iShares Core MSCI EAFE ETF Price Performance

BATS:IEFA opened at $100.53 on Tuesday. The company’s 50-day moving average is $97.18 and its two-hundred day moving average is $95.56. iShares Core MSCI EAFE ETF has a 1-year low of $84.11 and a 1-year high of $101.28. The firm has a market capitalization of $171.91 billion, a price-to-earnings ratio of 16.18 and a beta of 0.84.

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.