Farmers & Merchants Investments Inc. Cuts Stock Position in iShares Core MSCI EAFE ETF (BATS:IEFA)

Farmers & Merchants Investments Inc. reduced its position in iShares Core MSCI EAFE ETF (BATS:IEFA) by 40.8% in the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,182 shares of the company’s stock after selling 816 shares during the quarter. Farmers & Merchants Investments Inc.’s holdings in iShares Core MSCI EAFE ETF were worth $88,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of IEFA. Peoples Bank KS lifted its stake in shares of iShares Core MSCI EAFE ETF by 275.0% in the 4th quarter. Peoples Bank KS now owns 375 shares of the company’s stock valued at $26,000 after acquiring an additional 275 shares during the last quarter. RE Dickinson Investment Advisors LLC raised its position in iShares Core MSCI EAFE ETF by 6,850.0% during the 4th quarter. RE Dickinson Investment Advisors LLC now owns 417 shares of the company’s stock valued at $29,000 after purchasing an additional 411 shares during the last quarter. First Community Trust NA bought a new position in iShares Core MSCI EAFE ETF during the 1st quarter valued at approximately $33,000. Pingora Partners LLC bought a new position in iShares Core MSCI EAFE ETF during the 4th quarter valued at approximately $34,000. Finally, Vima LLC bought a new position in iShares Core MSCI EAFE ETF during the 4th quarter valued at approximately $36,000.

iShares Core MSCI EAFE ETF Price Performance

IEFA traded up $0.10 during midday trading on Tuesday, reaching $72.74. 7,143,054 shares of the company’s stock traded hands. The firm has a fifty day moving average of $73.94 and a two-hundred day moving average of $72.20. The stock has a market capitalization of $114.20 billion, a price-to-earnings ratio of 14.38 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 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.