Smithbridge Asset Management Inc. DE Lowers Stock Position in iShares Core MSCI EAFE ETF $IEFA

Smithbridge Asset Management Inc. DE lessened its stake in iShares Core MSCI EAFE ETF (BATS:IEFA) by 43.7% in the first quarter, HoldingsChannel.com reports. The firm owned 118,788 shares of the company’s stock after selling 92,195 shares during the quarter. iShares Core MSCI EAFE ETF accounts for 1.6% of Smithbridge Asset Management Inc. DE’s portfolio, making the stock its 22nd largest position. Smithbridge Asset Management Inc. DE’s holdings in iShares Core MSCI EAFE ETF were worth $10,754,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Kozak & Associates Inc. grew its holdings in shares of iShares Core MSCI EAFE ETF by 3,462.5% in the 3rd quarter. Kozak & Associates Inc. now owns 285 shares of the company’s stock worth $25,000 after acquiring an additional 277 shares during the period. Ransom Advisory Ltd purchased a new position in iShares Core MSCI EAFE ETF in the 4th quarter valued at approximately $26,000. Lloyd Advisory Services LLC. acquired a new position in iShares Core MSCI EAFE ETF during the fourth quarter worth $26,000. Security National Bank acquired a new position in iShares Core MSCI EAFE ETF during the fourth quarter worth $27,000. Finally, Wilkerson Advisory Group LLC purchased a new stake in iShares Core MSCI EAFE ETF during the fourth quarter worth $29,000.

iShares Core MSCI EAFE ETF Stock Performance

iShares Core MSCI EAFE ETF stock opened at $96.08 on Thursday. The firm has a market capitalization of $164.30 billion, a price-to-earnings ratio of 16.18 and a beta of 0.84. iShares Core MSCI EAFE ETF has a fifty-two week low of $81.17 and a fifty-two week high of $98.83. The stock’s fifty day moving average is $96.47 and its two-hundred day moving average is $94.17.

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.