Cornerstone Wealth Management LLC Buys 325 Shares of iShares Core MSCI EAFE ETF (BATS:IEFA)

Cornerstone Wealth Management LLC grew its stake in iShares Core MSCI EAFE ETF (BATS:IEFA) by 2.0% during the 1st quarter, HoldingsChannel reports. The fund owned 16,765 shares of the company’s stock after purchasing an additional 325 shares during the quarter. Cornerstone Wealth Management LLC’s holdings in iShares Core MSCI EAFE ETF were worth $1,268,000 as of its most recent SEC filing.

Several other hedge funds have also added to or reduced their stakes in IEFA. Bank of America Corp DE lifted its holdings in shares of iShares Core MSCI EAFE ETF by 5.0% during the fourth quarter. Bank of America Corp DE now owns 191,738,074 shares of the company’s stock valued at $13,475,352,000 after purchasing an additional 9,128,380 shares in the last quarter. Jones Financial Companies Lllp lifted its holdings in shares of iShares Core MSCI EAFE ETF by 1.3% during the fourth quarter. Jones Financial Companies Lllp now owns 88,571,458 shares of the company’s stock valued at $6,224,802,000 after purchasing an additional 1,150,886 shares in the last quarter. Wells Fargo & Company MN lifted its holdings in shares of iShares Core MSCI EAFE ETF by 5.4% during the fourth quarter. Wells Fargo & Company MN now owns 65,745,847 shares of the company’s stock valued at $4,620,618,000 after purchasing an additional 3,362,038 shares in the last quarter. TIAA Trust National Association lifted its holdings in shares of iShares Core MSCI EAFE ETF by 4.9% during the fourth quarter. TIAA Trust National Association now owns 55,081,925 shares of the company’s stock valued at $3,872,502,000 after purchasing an additional 2,594,394 shares in the last quarter. Finally, LPL Financial LLC lifted its holdings in shares of iShares Core MSCI EAFE ETF by 7.0% during the fourth quarter. LPL Financial LLC now owns 38,824,556 shares of the company’s stock valued at $2,728,590,000 after purchasing an additional 2,548,622 shares in the last quarter.

iShares Core MSCI EAFE ETF Price Performance

Shares of BATS:IEFA opened at $81.09 on Thursday. The company has a market cap of $137.03 billion, a P/E ratio of 16.03 and a beta of 0.84. iShares Core MSCI EAFE ETF has a 1 year low of $66.95 and a 1 year high of $84.22. The stock’s fifty day moving average price is $79.97 and its 200-day moving average price is $75.93.

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.