Pitcairn Co. Increases Stake in iShares Core MSCI EAFE ETF (BATS:IEFA)

Pitcairn Co. increased its position in iShares Core MSCI EAFE ETF (BATS:IEFA) by 8.7% during the first quarter, Holdings Channel.com reports. The institutional investor owned 16,118 shares of the company’s stock after purchasing an additional 1,292 shares during the period. Pitcairn Co.’s holdings in iShares Core MSCI EAFE ETF were worth $1,196,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. Family Asset Management LLC raised its stake in iShares Core MSCI EAFE ETF by 16.7% during the fourth quarter. Family Asset Management LLC now owns 130,119 shares of the company’s stock valued at $9,154,000 after purchasing an additional 18,591 shares in the last quarter. Octavia Wealth Advisors LLC purchased a new stake in shares of iShares Core MSCI EAFE ETF during the 4th quarter valued at about $1,232,000. Elk River Wealth Management LLC raised its position in shares of iShares Core MSCI EAFE ETF by 41.2% during the 4th quarter. Elk River Wealth Management LLC now owns 12,413 shares of the company’s stock valued at $873,000 after buying an additional 3,625 shares in the last quarter. Bennett Associates Wealth Management bought a new position in shares of iShares Core MSCI EAFE ETF in the 4th quarter valued at about $11,903,000. Finally, Carmichael Hill & Associates Inc. grew its position in iShares Core MSCI EAFE ETF by 33.7% in the fourth quarter. Carmichael Hill & Associates Inc. now owns 1,241 shares of the company’s stock worth $87,000 after acquiring an additional 313 shares in the last quarter.

iShares Core MSCI EAFE ETF Stock Performance

IEFA stock traded down $0.47 during midday trading on Thursday, reaching $72.92. 6,578,588 shares of the company traded hands. The firm has a market capitalization of $114.48 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. The business has a 50 day moving average of $74.27 and a 200-day moving average of $72.74.

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.