Accelerate Investment Advisors LLC Raises Position in iShares Core MSCI EAFE ETF (BATS:IEFA)

Accelerate Investment Advisors LLC lifted its stake in shares of iShares Core MSCI EAFE ETF (BATS:IEFA) by 18.1% during the fourth quarter, Holdings Channel reports. The fund owned 3,381 shares of the company’s stock after acquiring an additional 518 shares during the period. Accelerate Investment Advisors LLC’s holdings in iShares Core MSCI EAFE ETF were worth $238,000 as of its most recent SEC filing.

Several other hedge funds have also modified their holdings of the stock. Cooper Financial Group raised its stake in iShares Core MSCI EAFE ETF by 15.4% in the fourth quarter. Cooper Financial Group now owns 15,948 shares of the company’s stock valued at $1,121,000 after buying an additional 2,130 shares in the last quarter. Wedmont Private Capital raised its position in shares of iShares Core MSCI EAFE ETF by 41.4% during the 4th quarter. Wedmont Private Capital now owns 995,065 shares of the company’s stock worth $69,406,000 after acquiring an additional 291,265 shares in the last quarter. Fragasso Financial Advisors Inc raised its position in shares of iShares Core MSCI EAFE ETF by 7.4% during the 4th quarter. Fragasso Financial Advisors Inc now owns 1,102,272 shares of the company’s stock worth $77,468,000 after acquiring an additional 76,337 shares in the last quarter. Envision Financial LLC purchased a new stake in iShares Core MSCI EAFE ETF during the fourth quarter worth approximately $1,757,000. Finally, Capital Investment Advisors LLC increased its stake in iShares Core MSCI EAFE ETF by 34.3% in the fourth quarter. Capital Investment Advisors LLC now owns 29,162 shares of the company’s stock valued at $2,050,000 after purchasing an additional 7,452 shares during the last quarter.

iShares Core MSCI EAFE ETF Stock Performance

IEFA stock traded down $1.08 during midday trading on Monday, reaching $69.75. 11,696,625 shares of the company were exchanged. The stock’s 50-day simple moving average is $72.29 and its 200 day simple moving average is $74.07. iShares Core MSCI EAFE ETF has a 1-year low of $56.55 and a 1-year high of $70.84. The company has a market cap of $109.51 billion, a price-to-earnings ratio of 14.38 and a beta of 0.82.

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.