Cranbrook Wealth Management LLC Acquires 6,909 Shares of iShares Core MSCI EAFE ETF (BATS:IEFA)

Cranbrook Wealth Management LLC raised its stake in shares of iShares Core MSCI EAFE ETF (BATS:IEFA) by 1.7% in the fourth quarter, according to its most recent 13F filing with the SEC. The fund owned 421,937 shares of the company’s stock after purchasing an additional 6,909 shares during the period. iShares Core MSCI EAFE ETF makes up approximately 6.9% of Cranbrook Wealth Management LLC’s portfolio, making the stock its 3rd biggest holding. Cranbrook Wealth Management LLC’s holdings in iShares Core MSCI EAFE ETF were worth $29,654,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Professional Advisory Services Inc. raised its holdings in shares of iShares Core MSCI EAFE ETF by 2.2% in the fourth quarter. Professional Advisory Services Inc. now owns 286,279 shares of the company’s stock valued at $20,120,000 after purchasing an additional 6,145 shares during the last quarter. Merit Financial Group LLC increased its stake in iShares Core MSCI EAFE ETF by 11.2% in the 4th quarter. Merit Financial Group LLC now owns 1,965,057 shares of the company’s stock valued at $138,104,000 after buying an additional 198,142 shares during the last quarter. Relyea Zuckerberg Hanson LLC lifted its position in shares of iShares Core MSCI EAFE ETF by 1.0% during the 4th quarter. Relyea Zuckerberg Hanson LLC now owns 80,471 shares of the company’s stock worth $5,655,000 after buying an additional 759 shares in the last quarter. Saxon Interests Inc. boosted its stake in shares of iShares Core MSCI EAFE ETF by 5.1% in the 4th quarter. Saxon Interests Inc. now owns 17,729 shares of the company’s stock worth $1,246,000 after buying an additional 855 shares during the last quarter. Finally, Tompkins Financial Corp grew its holdings in shares of iShares Core MSCI EAFE ETF by 54.1% in the fourth quarter. Tompkins Financial Corp now owns 18,812 shares of the company’s stock valued at $1,322,000 after acquiring an additional 6,608 shares in the last quarter.

iShares Core MSCI EAFE ETF Stock Performance

Shares of BATS:IEFA opened at $71.34 on Friday. The company has a market capitalization of $112.00 billion, a P/E ratio of 14.38 and a beta of 0.82. The company’s 50-day moving average is $71.90 and its 200 day moving average is $73.97. 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.