First Business Financial Services Inc. Raises Holdings in iShares Core MSCI EAFE ETF (BATS:IEFA)

First Business Financial Services Inc. raised its holdings in iShares Core MSCI EAFE ETF (BATS:IEFA) by 0.4% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 1,664,076 shares of the company’s stock after buying an additional 6,383 shares during the quarter. iShares Core MSCI EAFE ETF accounts for about 11.6% of First Business Financial Services Inc.’s investment portfolio, making the stock its 2nd largest holding. First Business Financial Services Inc.’s holdings in iShares Core MSCI EAFE ETF were worth $116,951,000 as of its most recent filing with the SEC.

A number of other large investors have also recently made changes to their positions in the business. Salomon & Ludwin LLC boosted its position in shares of iShares Core MSCI EAFE ETF by 10.5% during the fourth quarter. Salomon & Ludwin LLC now owns 1,448 shares of the company’s stock valued at $102,000 after purchasing an additional 137 shares in the last quarter. HTLF Bank boosted its position in shares of iShares Core MSCI EAFE ETF by 4.5% during the fourth quarter. HTLF Bank now owns 3,246 shares of the company’s stock valued at $228,000 after purchasing an additional 140 shares in the last quarter. Union Savings Bank boosted its position in shares of iShares Core MSCI EAFE ETF by 39.6% during the fourth quarter. Union Savings Bank now owns 501 shares of the company’s stock valued at $35,000 after purchasing an additional 142 shares in the last quarter. Smartleaf Asset Management LLC boosted its position in shares of iShares Core MSCI EAFE ETF by 0.7% during the fourth quarter. Smartleaf Asset Management LLC now owns 20,529 shares of the company’s stock valued at $1,444,000 after purchasing an additional 142 shares in the last quarter. Finally, Koshinski Asset Management Inc. boosted its position in shares of iShares Core MSCI EAFE ETF by 0.3% during the fourth quarter. Koshinski Asset Management Inc. now owns 49,285 shares of the company’s stock valued at $3,464,000 after purchasing an additional 148 shares in the last quarter.

iShares Core MSCI EAFE ETF Stock Up 11.9 %

BATS IEFA opened at $78.12 on Thursday. iShares Core MSCI EAFE ETF has a twelve month low of $56.55 and a twelve month high of $70.84. The firm has a market capitalization of $131.23 billion, a PE ratio of 16.99 and a beta of 0.89. The stock’s 50 day moving average is $73.17 and its 200 day moving average is $74.23.

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.