iShares Core MSCI EAFE ETF $IEFA Shares Sold by Endowment Wealth Management Inc.

Endowment Wealth Management Inc. reduced its stake in shares of iShares Core MSCI EAFE ETF (BATS:IEFA) by 8.2% in the 2nd quarter, HoldingsChannel reports. The institutional investor owned 50,524 shares of the company’s stock after selling 4,533 shares during the quarter. iShares Core MSCI EAFE ETF accounts for approximately 2.2% of Endowment Wealth Management Inc.’s investment portfolio, making the stock its 8th biggest holding. Endowment Wealth Management Inc.’s holdings in iShares Core MSCI EAFE ETF were worth $4,218,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. Jones Financial Companies Lllp lifted its stake in shares of iShares Core MSCI EAFE ETF by 0.7% during the first quarter. Jones Financial Companies Lllp now owns 89,235,188 shares of the company’s stock worth $6,815,663,000 after buying an additional 663,730 shares during the period. Raymond James Financial Inc. lifted its stake in shares of iShares Core MSCI EAFE ETF by 0.7% during the first quarter. Raymond James Financial Inc. now owns 37,782,854 shares of the company’s stock worth $2,858,273,000 after buying an additional 258,589 shares during the period. US Bancorp DE lifted its stake in shares of iShares Core MSCI EAFE ETF by 0.7% during the second quarter. US Bancorp DE now owns 34,386,264 shares of the company’s stock worth $2,870,592,000 after buying an additional 239,082 shares during the period. Northwestern Mutual Wealth Management Co. lifted its stake in shares of iShares Core MSCI EAFE ETF by 5.1% during the first quarter. Northwestern Mutual Wealth Management Co. now owns 34,156,332 shares of the company’s stock worth $2,583,926,000 after buying an additional 1,668,799 shares during the period. Finally, Bank of New York Mellon Corp lifted its stake in shares of iShares Core MSCI EAFE ETF by 7.2% during the first quarter. Bank of New York Mellon Corp now owns 32,276,425 shares of the company’s stock worth $2,441,712,000 after buying an additional 2,175,194 shares during the period.

iShares Core MSCI EAFE ETF Price Performance

Shares of iShares Core MSCI EAFE ETF stock opened at $86.09 on Monday. The firm has a fifty day moving average price of $86.26 and a 200 day moving average price of $82.18. iShares Core MSCI EAFE ETF has a 1 year low of $66.95 and a 1 year high of $87.36. The stock has a market cap of $147.22 billion, a PE 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.