Cutler Investment Counsel LLC Grows Stake in iShares Core MSCI EAFE ETF $IEFA

Cutler Investment Counsel LLC increased its stake in shares of iShares Core MSCI EAFE ETF (BATS:IEFA) by 2.1% during the 2nd quarter, HoldingsChannel.com reports. The fund owned 476,131 shares of the company’s stock after acquiring an additional 9,639 shares during the period. iShares Core MSCI EAFE ETF accounts for about 4.4% of Cutler Investment Counsel LLC’s holdings, making the stock its 3rd biggest holding. Cutler Investment Counsel LLC’s holdings in iShares Core MSCI EAFE ETF were worth $39,747,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. Elmwood Wealth Management Inc. raised its holdings in iShares Core MSCI EAFE ETF by 2.4% during the second quarter. Elmwood Wealth Management Inc. now owns 63,875 shares of the company’s stock worth $5,332,000 after acquiring an additional 1,468 shares in the last quarter. Verdence Capital Advisors LLC raised its stake in iShares Core MSCI EAFE ETF by 5.4% in the second quarter. Verdence Capital Advisors LLC now owns 26,546 shares of the company’s stock valued at $2,216,000 after buying an additional 1,370 shares during the period. Wealth Architects LLC raised its stake in iShares Core MSCI EAFE ETF by 4.5% in the second quarter. Wealth Architects LLC now owns 239,042 shares of the company’s stock valued at $19,955,000 after buying an additional 10,384 shares during the period. RoundAngle Advisors LLC raised its stake in iShares Core MSCI EAFE ETF by 1.1% in the second quarter. RoundAngle Advisors LLC now owns 16,623 shares of the company’s stock valued at $1,388,000 after buying an additional 188 shares during the period. Finally, Concord Asset Management LLC VA bought a new stake in iShares Core MSCI EAFE ETF in the second quarter valued at approximately $275,000.

iShares Core MSCI EAFE ETF Stock Up 24.4%

BATS:IEFA opened at $86.82 on Tuesday. The stock’s 50 day moving average price is $86.34 and its two-hundred day moving average price is $82.24. The firm has a market capitalization of $148.45 billion, a price-to-earnings ratio of 16.18 and a beta of 0.84. iShares Core MSCI EAFE ETF has a 12-month low of $66.95 and a 12-month high of $87.36.

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.