Cutler Investment Counsel LLC Buys 8,649 Shares of iShares Core MSCI EAFE ETF $IEFA

Cutler Investment Counsel LLC raised its stake in shares of iShares Core MSCI EAFE ETF (BATS:IEFA) by 1.8% during the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 498,407 shares of the company’s stock after purchasing an additional 8,649 shares during the quarter. iShares Core MSCI EAFE ETF accounts for about 4.6% of Cutler Investment Counsel LLC’s investment portfolio, making the stock its 2nd biggest position. Cutler Investment Counsel LLC’s holdings in iShares Core MSCI EAFE ETF were worth $44,588,000 as of its most recent filing with the SEC.

Several other hedge funds have also made changes to their positions in IEFA. Kozak & Associates Inc. increased its stake in iShares Core MSCI EAFE ETF by 3,462.5% during the third quarter. Kozak & Associates Inc. now owns 285 shares of the company’s stock valued at $25,000 after acquiring an additional 277 shares during the period. Ransom Advisory Ltd bought a new stake in shares of iShares Core MSCI EAFE ETF in the 4th quarter worth approximately $26,000. Lloyd Advisory Services LLC. bought a new stake in shares of iShares Core MSCI EAFE ETF in the 4th quarter worth approximately $26,000. Security National Bank acquired a new stake in shares of iShares Core MSCI EAFE ETF during the 4th quarter worth approximately $27,000. Finally, Key Capital Management INC acquired a new stake in shares of iShares Core MSCI EAFE ETF during the 4th quarter worth approximately $30,000.

iShares Core MSCI EAFE ETF Trading Up 3.1%

IEFA opened at $97.79 on Friday. The stock’s 50 day simple moving average is $95.91 and its 200-day simple moving average is $93.40. The stock has a market cap of $167.22 billion, a PE ratio of 16.18 and a beta of 0.84. iShares Core MSCI EAFE ETF has a 1 year low of $79.82 and a 1 year high of $98.83.

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.