Alesco Advisors LLC Sells 2,597,604 Shares of iShares Core MSCI EAFE ETF (BATS:IEFA)

Alesco Advisors LLC lowered its stake in shares of iShares Core MSCI EAFE ETF (BATS:IEFA) by 60.1% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,727,063 shares of the company’s stock after selling 2,597,604 shares during the quarter. iShares Core MSCI EAFE ETF comprises approximately 4.2% of Alesco Advisors LLC’s holdings, making the stock its 7th largest holding. Alesco Advisors LLC’s holdings in iShares Core MSCI EAFE ETF were worth $134,797,000 as of its most recent SEC filing.

A number of other hedge funds have also recently bought and sold shares of the stock. Truvestments Capital LLC bought a new stake in shares of iShares Core MSCI EAFE ETF in the first quarter valued at about $29,000. Kiely Wealth Advisory Group Inc. bought a new position in shares of iShares Core MSCI EAFE ETF during the 2nd quarter worth approximately $29,000. Darwin Wealth Management LLC acquired a new stake in iShares Core MSCI EAFE ETF in the 3rd quarter valued at $30,000. Beaird Harris Wealth Management LLC bought a new stake in iShares Core MSCI EAFE ETF in the first quarter valued at $32,000. Finally, St. Johns Investment Management Company LLC acquired a new position in iShares Core MSCI EAFE ETF during the third quarter worth $37,000.

iShares Core MSCI EAFE ETF Stock Performance

Shares of BATS:IEFA opened at $72.29 on Friday. The company’s fifty day moving average is $75.28 and its 200-day moving average is $74.68. iShares Core MSCI EAFE ETF has a 52 week low of $56.55 and a 52 week high of $70.84. The company has a market capitalization of $113.50 billion, a PE ratio of 14.38 and a beta of 0.82.

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.