Arbor Investment Advisors LLC Cuts Stock Position in iShares Core MSCI EAFE ETF $IEFA

Arbor Investment Advisors LLC lowered its position in iShares Core MSCI EAFE ETF (BATS:IEFA) by 9.8% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 109,840 shares of the company’s stock after selling 11,914 shares during the period. iShares Core MSCI EAFE ETF makes up about 1.3% of Arbor Investment Advisors LLC’s portfolio, making the stock its 16th largest position. Arbor Investment Advisors LLC’s holdings in iShares Core MSCI EAFE ETF were worth $9,826,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of IEFA. Kozak & Associates Inc. grew its position in iShares Core MSCI EAFE ETF by 3,462.5% during the 3rd quarter. Kozak & Associates Inc. now owns 285 shares of the company’s stock worth $25,000 after purchasing an additional 277 shares during the last quarter. Ransom Advisory Ltd purchased a new stake in iShares Core MSCI EAFE ETF during the 4th quarter worth approximately $26,000. MB Levis & Associates LLC grew its position in iShares Core MSCI EAFE ETF by 106.7% during the 3rd quarter. MB Levis & Associates LLC now owns 339 shares of the company’s stock worth $30,000 after purchasing an additional 175 shares during the last quarter. Darwin Wealth Management LLC purchased a new stake in iShares Core MSCI EAFE ETF during the 2nd quarter worth approximately $33,000. Finally, Networth Advisors LLC purchased a new stake in iShares Core MSCI EAFE ETF during the 4th quarter worth approximately $34,000.

iShares Core MSCI EAFE ETF Stock Performance

BATS:IEFA opened at $95.32 on Monday. The company has a market cap of $163.00 billion, a PE ratio of 16.18 and a beta of 0.84. iShares Core MSCI EAFE ETF has a twelve month low of $71.79 and a twelve month high of $98.83. The company’s 50 day moving average is $93.64 and its two-hundred day moving average is $90.85.

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.