iShares Core MSCI EAFE ETF $IEFA Shares Sold by Cim Investment Management Inc.

Cim Investment Management Inc. cut its stake in iShares Core MSCI EAFE ETF (BATS:IEFA) by 51.3% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 106,727 shares of the company’s stock after selling 112,427 shares during the period. iShares Core MSCI EAFE ETF makes up approximately 1.7% of Cim Investment Management Inc.’s investment portfolio, making the stock its 11th biggest position. Cim Investment Management Inc.’s holdings in iShares Core MSCI EAFE ETF were worth $8,910,000 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. Birchbrook Inc. bought a new position in iShares Core MSCI EAFE ETF during the 2nd quarter valued at $25,000. Toth Financial Advisory Corp acquired a new stake in shares of iShares Core MSCI EAFE ETF in the second quarter valued at $26,000. Anfield Capital Management LLC lifted its holdings in shares of iShares Core MSCI EAFE ETF by 185.3% in the second quarter. Anfield Capital Management LLC now owns 331 shares of the company’s stock valued at $28,000 after buying an additional 215 shares during the period. Darwin Wealth Management LLC bought a new position in iShares Core MSCI EAFE ETF during the second quarter valued at about $33,000. Finally, Family Legacy Financial Solutions LLC acquired a new position in iShares Core MSCI EAFE ETF during the second quarter worth about $35,000.

iShares Core MSCI EAFE ETF Trading Up 28.8%

Shares of BATS IEFA opened at $89.88 on Friday. iShares Core MSCI EAFE ETF has a twelve month low of $66.95 and a twelve month high of $87.36. The firm has a 50-day moving average of $88.23 and a two-hundred day moving average of $85.76. The company has a market capitalization of $153.70 billion, a price-to-earnings ratio of 16.18 and a beta of 0.84.

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.