Portland Global Advisors LLC Increases Stock Position in iShares Core MSCI EAFE ETF $IEFA

Portland Global Advisors LLC increased its position in iShares Core MSCI EAFE ETF (BATS:IEFA) by 3.2% during the fourth quarter, HoldingsChannel.com reports. The firm owned 343,404 shares of the company’s stock after acquiring an additional 10,763 shares during the quarter. iShares Core MSCI EAFE ETF makes up approximately 3.3% of Portland Global Advisors LLC’s holdings, making the stock its 9th largest holding. Portland Global Advisors LLC’s holdings in iShares Core MSCI EAFE ETF were worth $30,721,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of IEFA. Revolve Wealth Partners LLC boosted its stake in iShares Core MSCI EAFE ETF by 3.8% in the 4th quarter. Revolve Wealth Partners LLC now owns 551,668 shares of the company’s stock worth $38,771,000 after purchasing an additional 19,941 shares in the last quarter. First Trust Advisors LP bought a new position in iShares Core MSCI EAFE ETF in the 2nd quarter worth about $238,000. Gamco Investors INC. ET AL bought a new position in iShares Core MSCI EAFE ETF in the 2nd quarter worth about $1,160,000. Bank of Nova Scotia bought a new position in iShares Core MSCI EAFE ETF in the 2nd quarter worth about $217,000. Finally, Squarepoint Ops LLC bought a new position in iShares Core MSCI EAFE ETF in the 2nd quarter worth about $2,102,000.

iShares Core MSCI EAFE ETF Price Performance

Shares of iShares Core MSCI EAFE ETF stock opened at $98.02 on Friday. The stock has a market cap of $167.61 billion, a price-to-earnings ratio of 16.18 and a beta of 0.84. The firm’s 50-day moving average is $94.46 and its 200 day moving average is $92.78. iShares Core MSCI EAFE ETF has a 1 year low of $79.82 and a 1 year high of $98.83.

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.