PMG Wealth Management Inc. Reduces Holdings in iShares Core MSCI EAFE ETF $IEFA

PMG Wealth Management Inc. lowered its holdings in iShares Core MSCI EAFE ETF (BATS:IEFA) by 85.9% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 7,226 shares of the company’s stock after selling 44,184 shares during the period. PMG Wealth Management Inc.’s holdings in iShares Core MSCI EAFE ETF were worth $654,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently modified their holdings of IEFA. Krilogy Financial LLC raised its holdings in iShares Core MSCI EAFE ETF by 17.2% during the 1st quarter. Krilogy Financial LLC now owns 23,770 shares of the company’s stock valued at $2,286,000 after acquiring an additional 3,493 shares during the period. Wealth Management Partners LLC boosted its holdings in shares of iShares Core MSCI EAFE ETF by 43.1% in the first quarter. Wealth Management Partners LLC now owns 15,594 shares of the company’s stock worth $1,412,000 after acquiring an additional 4,694 shares during the period. Certified Advisory Corp boosted its holdings in shares of iShares Core MSCI EAFE ETF by 19.3% in the first quarter. Certified Advisory Corp now owns 172,183 shares of the company’s stock worth $15,588,000 after acquiring an additional 27,827 shares during the period. Buffalo Business & Estate Services Ltd. grew its position in shares of iShares Core MSCI EAFE ETF by 19.8% in the first quarter. Buffalo Business & Estate Services Ltd. now owns 448,331 shares of the company’s stock valued at $40,587,000 after purchasing an additional 74,229 shares in the last quarter. Finally, Total Clarity Wealth Management Inc. grew its position in shares of iShares Core MSCI EAFE ETF by 107.4% in the first quarter. Total Clarity Wealth Management Inc. now owns 15,652 shares of the company’s stock valued at $1,417,000 after purchasing an additional 8,107 shares in the last quarter.

iShares Core MSCI EAFE ETF Stock Performance

Shares of IEFA opened at $95.47 on Wednesday. The stock’s 50-day simple moving average is $96.55 and its 200 day simple moving average is $93.89. The stock has a market capitalization of $163.25 billion, a price-to-earnings ratio of 16.18 and a beta of 0.84. iShares Core MSCI EAFE ETF has a 52-week low of $81.17 and a 52-week high of $98.83.

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.