Islay Capital Management LLC Cuts Position in iShares Core MSCI EAFE ETF (BATS:IEFA)

Islay Capital Management LLC lowered its holdings in iShares Core MSCI EAFE ETF (BATS:IEFA) by 38.3% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 43,546 shares of the company’s stock after selling 27,068 shares during the period. iShares Core MSCI EAFE ETF comprises about 2.4% of Islay Capital Management LLC’s portfolio, making the stock its 9th largest holding. Islay Capital Management LLC’s holdings in iShares Core MSCI EAFE ETF were worth $3,063,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in IEFA. RMR Wealth Builders raised its holdings in iShares Core MSCI EAFE ETF by 14.1% during the third quarter. RMR Wealth Builders now owns 355,704 shares of the company’s stock worth $22,890,000 after acquiring an additional 43,993 shares in the last quarter. Atlas Private Wealth Management raised its stake in shares of iShares Core MSCI EAFE ETF by 3.9% during the 3rd quarter. Atlas Private Wealth Management now owns 47,973 shares of the company’s stock worth $3,087,000 after purchasing an additional 1,794 shares in the last quarter. Sweet Financial Partners LLC grew its stake in shares of iShares Core MSCI EAFE ETF by 13.5% in the third quarter. Sweet Financial Partners LLC now owns 13,355 shares of the company’s stock valued at $859,000 after buying an additional 1,590 shares in the last quarter. Accurate Wealth Management LLC increased its holdings in iShares Core MSCI EAFE ETF by 30.0% during the third quarter. Accurate Wealth Management LLC now owns 41,469 shares of the company’s stock worth $2,664,000 after buying an additional 9,567 shares during the last quarter. Finally, Vicus Capital raised its holdings in shares of iShares Core MSCI EAFE ETF by 1.5% in the 3rd quarter. Vicus Capital now owns 1,146,633 shares of the company’s stock valued at $73,786,000 after purchasing an additional 16,948 shares during the period.

iShares Core MSCI EAFE ETF Stock Performance

iShares Core MSCI EAFE ETF stock traded up $0.38 during midday trading on Tuesday, reaching $72.74. 7,253,118 shares of the company’s stock were exchanged. The stock’s 50-day simple moving average is $72.78 and its 200 day simple moving average is $69.47. The firm has a market cap of $113.47 billion, a price-to-earnings ratio of 14.39 and a beta of 0.82. iShares Core MSCI EAFE ETF has a 52 week low of $56.55 and a 52 week high of $70.84.

iShares Core MSCI EAFE ETF 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.