Trevian Wealth Management LLC Invests $1.45 Million in iShares Core MSCI EAFE ETF $IEFA

Trevian Wealth Management LLC purchased a new position in iShares Core MSCI EAFE ETF (BATS:IEFA) in the 2nd quarter, Holdings Channel.com reports. The institutional investor purchased 17,391 shares of the company’s stock, valued at approximately $1,452,000. iShares Core MSCI EAFE ETF accounts for 0.9% of Trevian Wealth Management LLC’s portfolio, making the stock its 15th biggest position.

Several other hedge funds have also recently modified their holdings of the business. Callan Family Office LLC lifted its position in shares of iShares Core MSCI EAFE ETF by 8.6% in the 2nd quarter. Callan Family Office LLC now owns 822,991 shares of the company’s stock worth $68,703,000 after purchasing an additional 64,894 shares during the period. Blair William & Co. IL lifted its position in shares of iShares Core MSCI EAFE ETF by 5.7% in the 2nd quarter. Blair William & Co. IL now owns 670,251 shares of the company’s stock worth $55,953,000 after purchasing an additional 35,972 shares during the period. Rice Partnership LLC purchased a new stake in shares of iShares Core MSCI EAFE ETF in the 2nd quarter worth approximately $72,000. True Link Financial Advisors LLC raised its stake in shares of iShares Core MSCI EAFE ETF by 3.2% during the 2nd quarter. True Link Financial Advisors LLC now owns 802,412 shares of the company’s stock worth $66,985,000 after acquiring an additional 24,841 shares in the last quarter. Finally, Capital Advisors Ltd. LLC raised its stake in shares of iShares Core MSCI EAFE ETF by 4.9% during the 2nd quarter. Capital Advisors Ltd. LLC now owns 30,880 shares of the company’s stock worth $2,578,000 after acquiring an additional 1,430 shares in the last quarter.

iShares Core MSCI EAFE ETF Stock Up 25.8%

BATS IEFA opened at $87.75 on Friday. The firm has a market cap of $150.05 billion, a PE ratio of 16.18 and a beta of 0.84. The company has a 50 day moving average price of $86.17 and a 200 day moving average price of $82.09. iShares Core MSCI EAFE ETF has a 52 week low of $66.95 and a 52 week high of $87.36.

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.