Cynosure Group LLC Reduces Position in iShares Core MSCI EAFE ETF (BATS:IEFA)

Cynosure Group LLC lowered its position in iShares Core MSCI EAFE ETF (BATS:IEFA) by 14.8% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 37,612 shares of the company’s stock after selling 6,551 shares during the period. Cynosure Group LLC’s holdings in iShares Core MSCI EAFE ETF were worth $2,643,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also recently modified their holdings of the company. Jones Financial Companies Lllp boosted its stake in shares of iShares Core MSCI EAFE ETF by 1.3% during the fourth quarter. Jones Financial Companies Lllp now owns 88,571,458 shares of the company’s stock valued at $6,224,802,000 after purchasing an additional 1,150,886 shares during the period. TIAA Trust National Association boosted its position in iShares Core MSCI EAFE ETF by 4.9% in the 4th quarter. TIAA Trust National Association now owns 55,081,925 shares of the company’s stock valued at $3,872,502,000 after buying an additional 2,594,394 shares during the period. LPL Financial LLC grew its stake in iShares Core MSCI EAFE ETF by 7.0% in the 4th quarter. LPL Financial LLC now owns 38,824,556 shares of the company’s stock worth $2,728,590,000 after acquiring an additional 2,548,622 shares in the last quarter. Raymond James Financial Inc. bought a new position in iShares Core MSCI EAFE ETF in the 4th quarter worth about $2,637,205,000. Finally, Bank of New York Mellon Corp increased its position in shares of iShares Core MSCI EAFE ETF by 9.5% during the fourth quarter. Bank of New York Mellon Corp now owns 30,101,231 shares of the company’s stock worth $2,115,515,000 after acquiring an additional 2,608,901 shares during the period.

iShares Core MSCI EAFE ETF Stock Up 8.7 %

IEFA opened at $75.83 on Wednesday. The stock’s fifty day moving average is $75.80 and its two-hundred day moving average is $74.41. The company has a market capitalization of $128.14 billion, a P/E ratio of 16.50 and a beta of 0.88. iShares Core MSCI EAFE ETF has a 52 week low of $68.74 and a 52 week high of $78.95.

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.