Towercrest Capital Management Has $24.57 Million Holdings in iShares Core MSCI EAFE ETF (BATS:IEFA)

Towercrest Capital Management boosted its stake in iShares Core MSCI EAFE ETF (BATS:IEFA) by 1.0% in the 3rd quarter, Holdings Channel.com reports. The firm owned 314,837 shares of the company’s stock after acquiring an additional 3,213 shares during the quarter. iShares Core MSCI EAFE ETF makes up about 3.9% of Towercrest Capital Management’s investment portfolio, making the stock its 7th biggest position. Towercrest Capital Management’s holdings in iShares Core MSCI EAFE ETF were worth $24,573,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Trueblood Wealth Management LLC increased its position in iShares Core MSCI EAFE ETF by 3.9% in the 2nd quarter. Trueblood Wealth Management LLC now owns 3,868 shares of the company’s stock valued at $281,000 after acquiring an additional 144 shares during the period. Litman Gregory Wealth Management LLC increased its position in shares of iShares Core MSCI EAFE ETF by 0.5% during the second quarter. Litman Gregory Wealth Management LLC now owns 29,454 shares of the company’s stock worth $2,140,000 after buying an additional 149 shares during the period. Cardinal Point Capital Management ULC increased its position in shares of iShares Core MSCI EAFE ETF by 4.9% during the second quarter. Cardinal Point Capital Management ULC now owns 3,230 shares of the company’s stock worth $235,000 after buying an additional 152 shares during the period. NorthRock Partners LLC increased its position in shares of iShares Core MSCI EAFE ETF by 2.7% during the third quarter. NorthRock Partners LLC now owns 5,895 shares of the company’s stock worth $460,000 after buying an additional 153 shares during the period. Finally, Parsons Capital Management Inc. RI increased its position in shares of iShares Core MSCI EAFE ETF by 0.5% during the second quarter. Parsons Capital Management Inc. RI now owns 29,578 shares of the company’s stock worth $2,149,000 after buying an additional 154 shares during the period.

iShares Core MSCI EAFE ETF Stock Up 0.4 %

IEFA opened at $72.29 on Friday. iShares Core MSCI EAFE ETF has a twelve month low of $56.55 and a twelve month high of $70.84. The company has a fifty day moving average of $75.28 and a 200-day moving average of $74.68. The stock has a market cap of $113.50 billion, a PE 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.