Cim Investment Management Inc. Boosts Stock Holdings in iShares Core MSCI EAFE ETF (BATS:IEFA)

Cim Investment Management Inc. boosted its holdings in iShares Core MSCI EAFE ETF (BATS:IEFA) by 2.1% during the second quarter, according to the company in its most recent disclosure with the SEC. The firm owned 108,838 shares of the company’s stock after purchasing an additional 2,224 shares during the quarter. iShares Core MSCI EAFE ETF comprises 2.4% of Cim Investment Management Inc.’s portfolio, making the stock its 7th largest position. Cim Investment Management Inc.’s holdings in iShares Core MSCI EAFE ETF were worth $7,906,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. Trueblood Wealth Management LLC raised its position in shares of iShares Core MSCI EAFE ETF by 3.9% in the 2nd quarter. Trueblood Wealth Management LLC now owns 3,868 shares of the company’s stock worth $281,000 after purchasing an additional 144 shares during the last quarter. Litman Gregory Wealth Management LLC lifted its stake in shares of iShares Core MSCI EAFE ETF by 0.5% in the second quarter. Litman Gregory Wealth Management LLC now owns 29,454 shares of the company’s stock worth $2,140,000 after buying an additional 149 shares in the last quarter. Cardinal Point Capital Management ULC grew its holdings in shares of iShares Core MSCI EAFE ETF by 4.9% during the second quarter. Cardinal Point Capital Management ULC now owns 3,230 shares of the company’s stock valued at $235,000 after buying an additional 152 shares during the last quarter. Raleigh Capital Management Inc. grew its holdings in shares of iShares Core MSCI EAFE ETF by 3.8% during the fourth quarter. Raleigh Capital Management Inc. now owns 4,169 shares of the company’s stock valued at $293,000 after buying an additional 153 shares during the last quarter. Finally, Parsons Capital Management Inc. RI increased its position in shares of iShares Core MSCI EAFE ETF by 0.5% during the second quarter. Parsons Capital Management Inc. RI now owns 29,578 shares of the company’s stock valued at $2,149,000 after acquiring an additional 154 shares in the last quarter.

iShares Core MSCI EAFE ETF Trading Down 0.6 %

IEFA stock opened at $78.25 on Friday. The stock’s 50 day simple moving average is $74.99 and its 200 day simple moving average is $74.18. iShares Core MSCI EAFE ETF has a 12-month low of $56.55 and a 12-month high of $70.84. The stock has a market capitalization of $122.85 billion, a PE 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.