Ledyard National Bank Raises Stock Position in iShares Core MSCI EAFE ETF (BATS:IEFA)

Ledyard National Bank boosted its holdings in shares of iShares Core MSCI EAFE ETF (BATS:IEFA) by 1.0% during the 3rd quarter, Holdings Channel.com reports. The fund owned 639,517 shares of the company’s stock after purchasing an additional 6,466 shares during the period. iShares Core MSCI EAFE ETF comprises approximately 4.6% of Ledyard National Bank’s investment portfolio, making the stock its 5th biggest position. Ledyard National Bank’s holdings in iShares Core MSCI EAFE ETF were worth $49,914,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in IEFA. Trueblood Wealth Management LLC raised its position in shares of iShares Core MSCI EAFE ETF by 3.9% in the second quarter. Trueblood Wealth Management LLC now owns 3,868 shares of the company’s stock valued at $281,000 after purchasing an additional 144 shares during the period. Litman Gregory Wealth Management LLC raised its position in shares of iShares Core MSCI EAFE ETF by 0.5% in the second quarter. Litman Gregory Wealth Management LLC now owns 29,454 shares of the company’s stock valued at $2,140,000 after purchasing an additional 149 shares during the period. Cardinal Point Capital Management ULC raised its position in shares of iShares Core MSCI EAFE ETF by 4.9% in the second quarter. Cardinal Point Capital Management ULC now owns 3,230 shares of the company’s stock valued at $235,000 after purchasing an additional 152 shares during the period. Parsons Capital Management Inc. RI increased its position in 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 acquiring an additional 154 shares during the period. Finally, CWS Financial Advisors LLC increased its position in iShares Core MSCI EAFE ETF by 0.5% during the second quarter. CWS Financial Advisors LLC now owns 33,697 shares of the company’s stock worth $2,448,000 after acquiring an additional 156 shares during the period.

iShares Core MSCI EAFE ETF Trading Down 1.2 %

Shares of IEFA stock opened at $75.45 on Tuesday. iShares Core MSCI EAFE ETF has a 1 year low of $56.55 and a 1 year high of $70.84. The firm’s fifty day simple moving average is $76.24 and its 200 day simple moving average is $74.50. The firm has a market capitalization of $118.45 billion, a P/E 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.