Boston Research & Management Inc. Has $5.89 Million Stock Position in iShares Core MSCI EAFE ETF $IEFA

Boston Research & Management Inc. lifted its stake in iShares Core MSCI EAFE ETF (BATS:IEFA) by 2.4% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 70,546 shares of the company’s stock after buying an additional 1,624 shares during the period. iShares Core MSCI EAFE ETF comprises approximately 1.4% of Boston Research & Management Inc.’s holdings, making the stock its 26th largest holding. Boston Research & Management Inc.’s holdings in iShares Core MSCI EAFE ETF were worth $5,889,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of the stock. Conservest Capital Advisors Inc. raised its holdings in shares of iShares Core MSCI EAFE ETF by 3.6% in the second quarter. Conservest Capital Advisors Inc. now owns 224,378 shares of the company’s stock valued at $18,731,000 after buying an additional 7,772 shares during the last quarter. Smithbridge Asset Management Inc. DE lifted its holdings in iShares Core MSCI EAFE ETF by 7.0% during the 2nd quarter. Smithbridge Asset Management Inc. DE now owns 97,851 shares of the company’s stock worth $8,169,000 after buying an additional 6,435 shares in the last quarter. Curi RMB Capital LLC boosted its position in iShares Core MSCI EAFE ETF by 21.7% in the 1st quarter. Curi RMB Capital LLC now owns 246,055 shares of the company’s stock valued at $18,614,000 after buying an additional 43,891 shares during the last quarter. Atlantic Union Bankshares Corp increased its stake in shares of iShares Core MSCI EAFE ETF by 140.3% in the 2nd quarter. Atlantic Union Bankshares Corp now owns 16,881 shares of the company’s stock valued at $1,409,000 after buying an additional 9,857 shares during the period. Finally, 49 Wealth Management LLC raised its position in shares of iShares Core MSCI EAFE ETF by 23.9% during the second quarter. 49 Wealth Management LLC now owns 1,260,146 shares of the company’s stock worth $105,197,000 after acquiring an additional 242,762 shares during the last quarter.

iShares Core MSCI EAFE ETF Stock Up 23.7%

Shares of IEFA opened at $86.35 on Friday. The stock’s fifty day simple moving average is $87.74 and its 200-day simple moving average is $84.94. The firm has a market capitalization of $147.65 billion, a PE ratio of 16.18 and a beta of 0.84. iShares Core MSCI EAFE ETF has a 12-month low of $66.95 and a 12-month high of $87.36.

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.