Global Wealth Management Investment Advisory Inc. Acquires 4,706 Shares of iShares Core MSCI EAFE ETF (BATS:IEFA)

Global Wealth Management Investment Advisory Inc. boosted its holdings in shares of iShares Core MSCI EAFE ETF (BATS:IEFA) by 3.7% in the 3rd quarter, Holdings Channel.com reports. The firm owned 133,446 shares of the company’s stock after purchasing an additional 4,706 shares during the quarter. iShares Core MSCI EAFE ETF makes up about 2.2% of Global Wealth Management Investment Advisory Inc.’s portfolio, making the stock its 11th largest position. Global Wealth Management Investment Advisory Inc.’s holdings in iShares Core MSCI EAFE ETF were worth $10,415,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in the business. Trueblood Wealth Management LLC lifted its position in shares of iShares Core MSCI EAFE ETF by 3.9% during the 2nd quarter. Trueblood Wealth Management LLC now owns 3,868 shares of the company’s stock worth $281,000 after buying an additional 144 shares during the period. Litman Gregory Wealth Management LLC increased its stake in shares of iShares Core MSCI EAFE ETF by 0.5% in the 2nd quarter. Litman Gregory Wealth Management LLC now owns 29,454 shares of the company’s stock valued at $2,140,000 after buying an additional 149 shares during the period. Cardinal Point Capital Management ULC increased its stake in shares of iShares Core MSCI EAFE ETF by 4.9% in the 2nd quarter. Cardinal Point Capital Management ULC now owns 3,230 shares of the company’s stock valued at $235,000 after buying an additional 152 shares during the period. Parsons Capital Management Inc. RI increased its stake in shares of iShares Core MSCI EAFE ETF by 0.5% in the 2nd quarter. Parsons Capital Management Inc. RI now owns 29,578 shares of the company’s stock valued at $2,149,000 after buying an additional 154 shares during the period. Finally, CWS Financial Advisors LLC increased its stake in shares of iShares Core MSCI EAFE ETF by 0.5% in the 2nd quarter. CWS Financial Advisors LLC now owns 33,697 shares of the company’s stock valued at $2,448,000 after buying an additional 156 shares during the period.

iShares Core MSCI EAFE ETF Price Performance

Shares of BATS IEFA traded up $0.03 during midday trading on Tuesday, hitting $73.99. The stock had a trading volume of 6,961,941 shares. The company’s 50-day simple moving average is $76.07 and its 200 day simple moving average is $74.64. The firm has a market cap of $116.16 billion, a P/E ratio of 14.38 and a beta of 0.82. iShares Core MSCI EAFE ETF has a fifty-two week low of $56.55 and a fifty-two week high of $70.84.

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.