Brown Advisory Inc. Acquires 132,529 Shares of iShares Core MSCI EAFE ETF $IEFA

Brown Advisory Inc. grew its holdings in shares of iShares Core MSCI EAFE ETF (BATS:IEFA) by 31.4% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 555,128 shares of the company’s stock after buying an additional 132,529 shares during the quarter. Brown Advisory Inc.’s holdings in iShares Core MSCI EAFE ETF were worth $46,342,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in IEFA. Rothschild Investment LLC lifted its holdings in shares of iShares Core MSCI EAFE ETF by 4.4% in the 2nd quarter. Rothschild Investment LLC now owns 2,830 shares of the company’s stock worth $236,000 after acquiring an additional 120 shares during the last quarter. Cypress Wealth Services LLC grew its holdings in iShares Core MSCI EAFE ETF by 1.2% during the 2nd quarter. Cypress Wealth Services LLC now owns 10,498 shares of the company’s stock valued at $876,000 after purchasing an additional 127 shares during the last quarter. Allium Financial Advisors LLC raised its position in iShares Core MSCI EAFE ETF by 4.5% in the 2nd quarter. Allium Financial Advisors LLC now owns 3,006 shares of the company’s stock worth $251,000 after purchasing an additional 129 shares during the period. MBA Advisors LLC lifted its stake in iShares Core MSCI EAFE ETF by 2.3% in the second quarter. MBA Advisors LLC now owns 5,730 shares of the company’s stock worth $478,000 after purchasing an additional 130 shares during the last quarter. Finally, Kingsman Wealth Management Inc. lifted its stake in iShares Core MSCI EAFE ETF by 1.8% in the second quarter. Kingsman Wealth Management Inc. now owns 7,480 shares of the company’s stock worth $624,000 after purchasing an additional 134 shares during the last quarter.

iShares Core MSCI EAFE ETF Stock Performance

IEFA opened at $89.29 on Friday. The stock has a market cap of $152.68 billion, a price-to-earnings ratio of 16.18 and a beta of 0.84. The stock’s 50 day moving average price is $88.05 and its 200-day moving average price is $85.47. iShares Core MSCI EAFE ETF has a one year low of $66.95 and a one year high of $87.36.

iShares Core MSCI EAFE ETF Company 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.