Sawgrass Asset Management LLC Has $7.39 Million Stock Position in iShares Core MSCI EAFE ETF (BATS:IEFA)

Sawgrass Asset Management LLC reduced its stake in shares of iShares Core MSCI EAFE ETF (BATS:IEFA) by 7.7% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 105,214 shares of the company’s stock after selling 8,791 shares during the period. Sawgrass Asset Management LLC’s holdings in iShares Core MSCI EAFE ETF were worth $7,394,000 as of its most recent SEC filing.

Other hedge funds have also recently bought and sold shares of the company. Darwin Wealth Management LLC acquired a new stake in iShares Core MSCI EAFE ETF during the 3rd quarter worth approximately $30,000. Comprehensive Financial Planning Inc. PA acquired a new stake in iShares Core MSCI EAFE ETF during the 4th quarter worth approximately $30,000. St. Johns Investment Management Company LLC acquired a new stake in iShares Core MSCI EAFE ETF during the 3rd quarter worth approximately $37,000. Financial Life Planners acquired a new stake in iShares Core MSCI EAFE ETF during the 4th quarter worth approximately $33,000. Finally, FSA Wealth Management LLC acquired a new stake in shares of iShares Core MSCI EAFE ETF in the third quarter valued at approximately $38,000.

iShares Core MSCI EAFE ETF Stock Up 7.5 %

BATS IEFA opened at $75.00 on Thursday. iShares Core MSCI EAFE ETF has a 12-month low of $56.55 and a 12-month high of $70.84. The company has a market capitalization of $117.75 billion, a PE ratio of 14.38 and a beta of 0.82. The firm’s 50 day moving average is $72.23 and its 200-day moving average is $73.89.

iShares Core MSCI EAFE ETF Company Profile

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.