CBM Financial LLC Makes New Investment in iShares Core MSCI EAFE ETF $IEFA

CBM Financial LLC purchased a new stake in shares of iShares Core MSCI EAFE ETF (BATS:IEFA) during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 359,171 shares of the company’s stock, valued at approximately $29,057,000. iShares Core MSCI EAFE ETF comprises approximately 23.9% of CBM Financial LLC’s holdings, making the stock its 2nd biggest position.

Other institutional investors have also recently made changes to their positions in the company. Curat Global LLC purchased a new stake in shares of iShares Core MSCI EAFE ETF during the first quarter valued at approximately $26,000. WFA Asset Management Corp purchased a new stake in shares of iShares Core MSCI EAFE ETF during the first quarter valued at approximately $26,000. IFS Advisors LLC purchased a new stake in shares of iShares Core MSCI EAFE ETF during the first quarter valued at approximately $29,000. McClarren Financial Advisors Inc. grew its holdings in shares of iShares Core MSCI EAFE ETF by 295.9% during the first quarter. McClarren Financial Advisors Inc. now owns 483 shares of the company’s stock valued at $37,000 after buying an additional 361 shares during the last quarter. Finally, Hanson & Doremus Investment Management grew its holdings in shares of iShares Core MSCI EAFE ETF by 40.4% during the first quarter. Hanson & Doremus Investment Management now owns 511 shares of the company’s stock valued at $39,000 after buying an additional 147 shares during the last quarter.

iShares Core MSCI EAFE ETF Stock Up 23.9%

BATS:IEFA opened at $86.45 on Wednesday. The company’s 50 day moving average price is $84.39 and its 200-day moving average price is $80.54. iShares Core MSCI EAFE ETF has a 52 week low of $66.95 and a 52 week high of $87.36. The stock has a market cap of $147.82 billion, a price-to-earnings ratio of 16.18 and a beta of 0.84.

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.