Connecticut Wealth Management LLC Raises Position in iShares Core MSCI EAFE ETF $IEFA

Connecticut Wealth Management LLC grew its holdings in iShares Core MSCI EAFE ETF (BATS:IEFA) by 7.9% during the 4th quarter, HoldingsChannel reports. The firm owned 2,336,234 shares of the company’s stock after purchasing an additional 171,185 shares during the quarter. iShares Core MSCI EAFE ETF comprises approximately 9.1% of Connecticut Wealth Management LLC’s holdings, making the stock its largest position. Connecticut Wealth Management LLC’s holdings in iShares Core MSCI EAFE ETF were worth $208,999,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Bank of America Corp DE lifted its holdings in shares of iShares Core MSCI EAFE ETF by 2.2% in the third quarter. Bank of America Corp DE now owns 224,863,248 shares of the company’s stock worth $19,632,810,000 after acquiring an additional 4,837,732 shares during the last quarter. TIAA Trust National Association lifted its holdings in shares of iShares Core MSCI EAFE ETF by 1.7% in the third quarter. TIAA Trust National Association now owns 47,576,490 shares of the company’s stock worth $4,143,178,000 after acquiring an additional 786,918 shares during the last quarter. LPL Financial LLC lifted its holdings in shares of iShares Core MSCI EAFE ETF by 4.6% in the fourth quarter. LPL Financial LLC now owns 40,788,933 shares of the company’s stock worth $3,648,978,000 after acquiring an additional 1,799,732 shares during the last quarter. Raymond James Financial Inc. lifted its holdings in shares of iShares Core MSCI EAFE ETF by 2.9% in the second quarter. Raymond James Financial Inc. now owns 38,892,517 shares of the company’s stock worth $3,246,747,000 after acquiring an additional 1,109,663 shares during the last quarter. Finally, US Bancorp DE lifted its holdings in shares of iShares Core MSCI EAFE ETF by 3.1% in the third quarter. US Bancorp DE now owns 35,451,679 shares of the company’s stock worth $3,095,313,000 after acquiring an additional 1,065,415 shares during the last quarter.

iShares Core MSCI EAFE ETF Trading Up 3.1%

IEFA stock opened at $97.79 on Friday. The stock has a market capitalization of $167.22 billion, a P/E ratio of 16.18 and a beta of 0.84. iShares Core MSCI EAFE ETF has a 12 month low of $79.82 and a 12 month high of $98.83. The firm has a 50-day moving average price of $95.91 and a 200-day moving average price of $93.40.

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.