Cornerstone Advisors Asset Management LLC Purchases 996 Shares of iShares Core MSCI EAFE ETF (BATS:IEFA)

Cornerstone Advisors Asset Management LLC lifted its position in shares of iShares Core MSCI EAFE ETF (BATS:IEFA) by 3.0% during the 4th quarter, HoldingsChannel.com reports. The firm owned 34,001 shares of the company’s stock after buying an additional 996 shares during the quarter. Cornerstone Advisors Asset Management LLC’s holdings in iShares Core MSCI EAFE ETF were worth $2,390,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in IEFA. Farmers & Merchants Trust Co of Chambersburg PA bought a new position in iShares Core MSCI EAFE ETF during the 4th quarter worth $29,000. Darwin Wealth Management LLC acquired a new stake in shares of iShares Core MSCI EAFE ETF during the third quarter worth $30,000. Comprehensive Financial Planning Inc. PA bought a new position in iShares Core MSCI EAFE ETF during the fourth quarter worth $30,000. Financial Life Planners acquired a new position in iShares Core MSCI EAFE ETF in the fourth quarter valued at $33,000. Finally, Union Savings Bank grew its holdings in iShares Core MSCI EAFE ETF by 39.6% during 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 period.

iShares Core MSCI EAFE ETF Trading Up 9.6 %

IEFA stock opened at $76.51 on Wednesday. The firm has a market cap of $120.11 billion, a PE ratio of 14.38 and a beta of 0.82. The stock has a 50-day moving average price of $72.36 and a 200-day moving average price of $73.97. iShares Core MSCI EAFE ETF has a 1-year low of $56.55 and a 1-year 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.