Cornerstone Wealth Management LLC Grows Stake in iShares Core MSCI EAFE ETF (BATS:IEFA)

Cornerstone Wealth Management LLC grew its position in iShares Core MSCI EAFE ETF (BATS:IEFA) by 24.5% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 16,440 shares of the company’s stock after purchasing an additional 3,232 shares during the quarter. Cornerstone Wealth Management LLC’s holdings in iShares Core MSCI EAFE ETF were worth $1,155,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of IEFA. Darwin Wealth Management LLC purchased a new position in iShares Core MSCI EAFE ETF in the third quarter worth $30,000. Union Savings Bank grew its holdings in shares of iShares Core MSCI EAFE ETF by 39.6% during the fourth quarter. Union Savings Bank now owns 501 shares of the company’s stock valued at $35,000 after buying an additional 142 shares during the last quarter. Breakwater Investment Management purchased a new stake in shares of iShares Core MSCI EAFE ETF during the fourth quarter valued at $36,000. St. Johns Investment Management Company LLC purchased a new stake in shares of iShares Core MSCI EAFE ETF during the third quarter valued at $37,000. Finally, FSA Wealth Management LLC purchased a new stake in shares of iShares Core MSCI EAFE ETF during the third quarter valued at $38,000.

iShares Core MSCI EAFE ETF Price Performance

Shares of IEFA opened at $73.56 on Friday. The firm has a market capitalization of $115.48 billion, a PE ratio of 14.38 and a beta of 0.82. iShares Core MSCI EAFE ETF has a 1-year low of $56.55 and a 1-year high of $70.84. The company’s fifty day moving average price is $71.92 and its 200-day moving average price is $73.93.

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.