Dravo Bay LLC Decreases Holdings in iShares Core MSCI EAFE ETF (BATS:IEFA)

Dravo Bay LLC cut its stake in iShares Core MSCI EAFE ETF (BATS:IEFA) by 2.4% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 37,696 shares of the company’s stock after selling 910 shares during the quarter. iShares Core MSCI EAFE ETF comprises about 1.5% of Dravo Bay LLC’s investment portfolio, making the stock its 17th biggest position. Dravo Bay LLC’s holdings in iShares Core MSCI EAFE ETF were worth $2,738,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. Bennett Associates Wealth Management purchased a new position in shares of iShares Core MSCI EAFE ETF during the 4th quarter valued at approximately $11,903,000. ESL Trust Services LLC bought a new position in iShares Core MSCI EAFE ETF during the 4th quarter worth approximately $201,000. Meridian Management Co. grew its position in shares of iShares Core MSCI EAFE ETF by 77.4% in the 4th quarter. Meridian Management Co. now owns 5,974 shares of the company’s stock worth $419,000 after acquiring an additional 2,607 shares in the last quarter. Hilltop Holdings Inc. increased its holdings in shares of iShares Core MSCI EAFE ETF by 139.5% in the 4th quarter. Hilltop Holdings Inc. now owns 58,714 shares of the company’s stock valued at $4,131,000 after acquiring an additional 34,202 shares during the last quarter. Finally, Visionary Wealth Advisors raised its position in shares of iShares Core MSCI EAFE ETF by 1.3% during the 4th quarter. Visionary Wealth Advisors now owns 79,827 shares of the company’s stock valued at $5,616,000 after acquiring an additional 1,063 shares in the last quarter.

iShares Core MSCI EAFE ETF Price Performance

iShares Core MSCI EAFE ETF stock opened at $76.59 on Tuesday. iShares Core MSCI EAFE ETF has a 12 month low of $56.55 and a 12 month high of $70.84. The company has a fifty day moving average price of $74.50 and a two-hundred day moving average price of $73.89. The company has a market cap of $120.25 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.