Dravo Bay LLC Has $2.46 Million Stake in iShares Core MSCI EAFE ETF (BATS:IEFA)

Dravo Bay LLC trimmed its stake in shares of iShares Core MSCI EAFE ETF (BATS:IEFA) by 3.1% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 35,008 shares of the company’s stock after selling 1,110 shares during the period. iShares Core MSCI EAFE ETF comprises about 1.2% of Dravo Bay LLC’s portfolio, making the stock its 17th largest position. Dravo Bay LLC’s holdings in iShares Core MSCI EAFE ETF were worth $2,460,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also made changes to their positions in IEFA. Stephens Inc. AR increased its stake in iShares Core MSCI EAFE ETF by 128.6% in the 3rd quarter. Stephens Inc. AR now owns 7,942 shares of the company’s stock valued at $620,000 after buying an additional 4,468 shares during the last quarter. QRG Capital Management Inc. increased its stake in iShares Core MSCI EAFE ETF by 140.8% in the 3rd quarter. QRG Capital Management Inc. now owns 13,269 shares of the company’s stock valued at $1,036,000 after buying an additional 7,758 shares during the last quarter. First National Bank of Mount Dora Trust Investment Services acquired a new stake in iShares Core MSCI EAFE ETF in the 3rd quarter valued at $459,000. Hazlett Burt & Watson Inc. increased its stake in shares of iShares Core MSCI EAFE ETF by 99.7% during the 3rd quarter. Hazlett Burt & Watson Inc. now owns 7,539 shares of the company’s stock worth $589,000 after purchasing an additional 3,763 shares during the last quarter. Finally, Rational Advisors LLC increased its stake in shares of iShares Core MSCI EAFE ETF by 125.9% during the 3rd quarter. Rational Advisors LLC now owns 48,950 shares of the company’s stock worth $3,821,000 after purchasing an additional 27,280 shares during the last quarter.

iShares Core MSCI EAFE ETF Price Performance

iShares Core MSCI EAFE ETF stock opened at $76.32 on Tuesday. The firm has a market capitalization of $128.22 billion, a PE ratio of 16.99 and a beta of 0.89. The company’s 50-day moving average is $72.92 and its 200-day moving average is $74.21. iShares Core MSCI EAFE ETF has a fifty-two week low of $56.55 and a fifty-two week high of $70.84.

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.