Armbruster Capital Management Inc. Boosts Stake in iShares Core MSCI EAFE ETF (BATS:IEFA)

Armbruster Capital Management Inc. grew its holdings in iShares Core MSCI EAFE ETF (BATS:IEFA) by 6.1% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 140,231 shares of the company’s stock after purchasing an additional 8,013 shares during the period. iShares Core MSCI EAFE ETF makes up 2.0% of Armbruster Capital Management Inc.’s investment portfolio, making the stock its 15th largest position. Armbruster Capital Management Inc.’s holdings in iShares Core MSCI EAFE ETF were worth $9,855,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of IEFA. Darwin Wealth Management LLC acquired a new position in iShares Core MSCI EAFE ETF in the third quarter valued at about $30,000. Union Savings Bank lifted its holdings in shares of iShares Core MSCI EAFE ETF by 39.6% in the 4th quarter. Union Savings Bank now owns 501 shares of the company’s stock worth $35,000 after acquiring an additional 142 shares during the last quarter. Breakwater Investment Management purchased a new position in shares of iShares Core MSCI EAFE ETF during the 4th quarter worth approximately $36,000. St. Johns Investment Management Company LLC acquired a new stake in iShares Core MSCI EAFE ETF in the 3rd quarter valued at approximately $37,000. Finally, FSA Wealth Management LLC purchased a new stake in iShares Core MSCI EAFE ETF in the third quarter valued at approximately $38,000.

iShares Core MSCI EAFE ETF Stock Up 5.4 %

BATS:IEFA opened at $73.56 on Monday. iShares Core MSCI EAFE ETF has a 52 week low of $56.55 and a 52 week high of $70.84. The stock’s fifty day moving average is $71.92 and its two-hundred day moving average is $73.93. The stock has a market capitalization of $115.48 billion, a price-to-earnings ratio of 14.38 and a beta of 0.82.

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.