Sigma Investment Counselors Increases Stake in iShares Core MSCI EAFE ETF

Sigma Investment Counselors Inc. has expanded its investment in the iShares Core MSCI EAFE ETF, acquiring an additional 5,049 shares in the second quarter of 2023. According to the company’s latest Form 13F filing with the Securities and Exchange Commission, this move increased Sigma’s total ownership to 253,563 shares, representing a 2.0% rise in their holdings. The iShares Core MSCI EAFE ETF now constitutes approximately 1.2% of Sigma’s investment portfolio, making it their 23rd largest holding, valued at around $21.17 million at the end of the quarter.

Several other investment firms have also adjusted their stakes in the iShares Core MSCI EAFE ETF recently. Toth Financial Advisory Corp initiated a new position valued at $26,000 during the same quarter. Family Legacy Financial Solutions LLC similarly acquired a new stake worth $35,000. Raleigh Capital Management Inc. significantly increased its position by 442.2%, now holding 450 shares valued at $38,000 after purchasing an additional 367 shares. Meanwhile, McClarren Financial Advisors Inc. expanded their stake by 295.9%, owning 483 shares valued at $37,000 following the acquisition of 361 shares. Hughes Financial Services LLC also entered the market with a new position valued at $40,000.

Stock Performance and Market Overview

As of the latest trading sessions, iShares Core MSCI EAFE ETF shares opened at $88.14. The ETF boasts a market capitalization of $150.72 billion, with a price-to-earnings (P/E) ratio of 16.18 and a beta of 0.84. Over the past year, the ETF has recorded a low of $66.95 and a high of $87.36. The current fifty-day simple moving average stands at $86.66, while the 200-day average is at $82.51.

The iShares Core MSCI EAFE ETF, launched on October 18, 2012, is designed to track the performance of developed-market stocks in Europe, Australasia, and the Far East, specifically excluding North America. It is managed by BlackRock, a prominent player in the investment management industry.

Investors interested in this ETF can explore more about its holdings and the latest financial activities through resources like HoldingsChannel.com, which provides comprehensive information on 13F filings and insider trades related to the iShares Core MSCI EAFE ETF.

The recent activity surrounding the iShares Core MSCI EAFE ETF highlights a growing interest among institutional investors, reflecting their confidence in the fund’s performance and market potential.