Cowa LLC Trims Stock Position in iShares Core MSCI EAFE ETF (BATS:IEFA)

Cowa LLC trimmed its holdings in shares of iShares Core MSCI EAFE ETF (BATS:IEFA) by 5.3% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 38,169 shares of the company’s stock after selling 2,117 shares during the period. iShares Core MSCI EAFE ETF comprises approximately 1.4% of Cowa LLC’s holdings, making the stock its 19th biggest holding. Cowa LLC’s holdings in iShares Core MSCI EAFE ETF were worth $2,979,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of IEFA. Klingman & Associates LLC raised its holdings in iShares Core MSCI EAFE ETF by 2.5% in the 3rd quarter. Klingman & Associates LLC now owns 565,812 shares of the company’s stock valued at $44,162,000 after acquiring an additional 13,847 shares during the last quarter. Assetmark Inc. grew its position in shares of iShares Core MSCI EAFE ETF by 1.1% in the third quarter. Assetmark Inc. now owns 7,566,181 shares of the company’s stock valued at $590,540,000 after purchasing an additional 85,289 shares during the period. Verdence Capital Advisors LLC increased its stake in iShares Core MSCI EAFE ETF by 4.8% in the third quarter. Verdence Capital Advisors LLC now owns 25,074 shares of the company’s stock valued at $1,957,000 after purchasing an additional 1,140 shares during the last quarter. Pegasus Partners Ltd. lifted its position in iShares Core MSCI EAFE ETF by 0.6% during the third quarter. Pegasus Partners Ltd. now owns 94,973 shares of the company’s stock worth $7,413,000 after buying an additional 534 shares during the period. Finally, Holistic Planning LLC purchased a new stake in iShares Core MSCI EAFE ETF in the 3rd quarter valued at about $335,000.

iShares Core MSCI EAFE ETF Stock Performance

IEFA opened at $73.81 on Friday. The company’s 50 day simple moving average is $75.85 and its 200 day simple moving average is $74.68. iShares Core MSCI EAFE ETF has a 1 year low of $56.55 and a 1 year high of $70.84. The stock has a market capitalization of $115.88 billion, a PE ratio of 14.38 and a beta of 0.82.

iShares Core MSCI EAFE ETF Company 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.