Independence Bank of Kentucky Trims Holdings in iShares Core MSCI EAFE ETF (BATS:IEFA)

Independence Bank of Kentucky cut its stake in iShares Core MSCI EAFE ETF (BATS:IEFA) by 5.4% in the 1st quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 17,599 shares of the company’s stock after selling 1,013 shares during the quarter. Independence Bank of Kentucky’s holdings in iShares Core MSCI EAFE ETF were worth $1,306,000 at the end of the most recent quarter.

Several other hedge funds also recently made changes to their positions in the stock. Family Asset Management LLC grew its position in iShares Core MSCI EAFE ETF by 16.7% during the fourth quarter. Family Asset Management LLC now owns 130,119 shares of the company’s stock worth $9,154,000 after buying an additional 18,591 shares in the last quarter. Octavia Wealth Advisors LLC bought a new position in iShares Core MSCI EAFE ETF during the 4th quarter valued at approximately $1,232,000. Elk River Wealth Management LLC raised its position in iShares Core MSCI EAFE ETF by 41.2% during the 4th quarter. Elk River Wealth Management LLC now owns 12,413 shares of the company’s stock valued at $873,000 after purchasing an additional 3,625 shares during the last quarter. Bennett Associates Wealth Management bought a new position in iShares Core MSCI EAFE ETF during the 4th quarter valued at approximately $11,903,000. Finally, Carmichael Hill & Associates Inc. raised its position in iShares Core MSCI EAFE ETF by 33.7% during the 4th quarter. Carmichael Hill & Associates Inc. now owns 1,241 shares of the company’s stock valued at $87,000 after purchasing an additional 313 shares during the last quarter.

iShares Core MSCI EAFE ETF Price Performance

IEFA traded up $0.07 during midday trading on Friday, reaching $72.64. 7,533,346 shares of the company’s stock traded hands. The firm has a fifty day moving average of $73.92 and a two-hundred day moving average of $72.14. The stock has a market capitalization of $114.04 billion, a price-to-earnings ratio of 14.38 and a beta of 0.82. iShares Core MSCI EAFE ETF has a 52 week low of $56.55 and a 52 week high of $70.84.

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.