Twele Capital Management Inc. Acquires New Stake in iShares Core MSCI EAFE ETF $IEFA

Twele Capital Management Inc. bought a new stake in shares of iShares Core MSCI EAFE ETF (BATS:IEFA) in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 305,503 shares of the company’s stock, valued at approximately $29,597,000. iShares Core MSCI EAFE ETF comprises about 4.9% of Twele Capital Management Inc.’s portfolio, making the stock its 7th biggest holding.

A number of other hedge funds have also made changes to their positions in IEFA. Robinswood Financial LLC acquired a new stake in shares of iShares Core MSCI EAFE ETF in the first quarter worth approximately $26,000. Kopp Family Office LLC purchased a new stake in shares of iShares Core MSCI EAFE ETF during the second quarter worth approximately $26,000. Security National Bank of Sioux City Iowa IA acquired a new position in iShares Core MSCI EAFE ETF in the 2nd quarter valued at $31,000. Duncker Streett & Co. Inc. raised its stake in iShares Core MSCI EAFE ETF by 88.3% in the 1st quarter. Duncker Streett & Co. Inc. now owns 354 shares of the company’s stock valued at $32,000 after purchasing an additional 166 shares during the last quarter. Finally, Horizons Wealth Management acquired a new position in iShares Core MSCI EAFE ETF in the 3rd quarter valued at $32,000.

iShares Core MSCI EAFE ETF Trading Up 0.5%

IEFA stock traded up $0.46 during midday trading on Tuesday, reaching $96.64. The stock had a trading volume of 6,199,954 shares, compared to its average volume of 12,035,453. The company’s fifty day simple moving average is $99.22 and its 200 day simple moving average is $97.07. The company has a market cap of $165.25 billion, a price-to-earnings ratio of 16.18 and a beta of 0.84. iShares Core MSCI EAFE ETF has a 52-week low of $85.03 and a 52-week high of $101.44.

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.