Sax Wealth Advisors LLC Sells 647 Shares of iShares Core MSCI EAFE ETF (BATS:IEFA)

Sax Wealth Advisors LLC lessened its holdings in iShares Core MSCI EAFE ETF (BATS:IEFA) by 2.5% in the 4th quarter, Holdings Channel.com reports. The firm owned 25,358 shares of the company’s stock after selling 647 shares during the quarter. Sax Wealth Advisors LLC’s holdings in iShares Core MSCI EAFE ETF were worth $1,782,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of IEFA. LPL Financial LLC raised its position in shares of iShares Core MSCI EAFE ETF by 4.3% in the 3rd quarter. LPL Financial LLC now owns 36,275,934 shares of the company’s stock worth $2,831,337,000 after acquiring an additional 1,506,562 shares in the last quarter. US Bancorp DE lifted its position in shares of iShares Core MSCI EAFE ETF by 2.0% during the third quarter. US Bancorp DE now owns 32,868,438 shares of the company’s stock valued at $2,565,395,000 after buying an additional 656,213 shares during the last quarter. Raymond James & Associates boosted its holdings in shares of iShares Core MSCI EAFE ETF by 0.9% in the 3rd quarter. Raymond James & Associates now owns 30,028,727 shares of the company’s stock valued at $2,343,742,000 after buying an additional 281,791 shares in the last quarter. Northwestern Mutual Wealth Management Co. grew its position in shares of iShares Core MSCI EAFE ETF by 2.0% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 28,459,754 shares of the company’s stock worth $2,067,316,000 after buying an additional 561,317 shares during the last quarter. Finally, FMR LLC raised its stake in shares of iShares Core MSCI EAFE ETF by 0.4% during the 3rd quarter. FMR LLC now owns 19,246,834 shares of the company’s stock worth $1,502,215,000 after acquiring an additional 72,670 shares in the last quarter.

iShares Core MSCI EAFE ETF Stock Up 2.2 %

Shares of IEFA opened at $71.34 on Friday. The company has a 50 day moving average of $71.90 and a two-hundred day moving average of $73.97. iShares Core MSCI EAFE ETF has a twelve month low of $56.55 and a twelve month high of $70.84. The company has a market cap of $112.00 billion, a price-to-earnings ratio of 14.38 and a beta of 0.82.

iShares Core MSCI EAFE ETF 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.