Highland Capital Management LLC Decreases Position in iShares Core MSCI EAFE ETF (BATS:IEFA)

Highland Capital Management LLC trimmed its holdings in iShares Core MSCI EAFE ETF (BATS:IEFA) by 1.1% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 233,274 shares of the company’s stock after selling 2,703 shares during the quarter. iShares Core MSCI EAFE ETF comprises approximately 0.9% of Highland Capital Management LLC’s portfolio, making the stock its 19th largest holding. Highland Capital Management LLC’s holdings in iShares Core MSCI EAFE ETF were worth $16,395,000 as of its most recent SEC filing.

A number of other institutional investors have also bought and sold shares of IEFA. Union Savings Bank raised its holdings in shares of iShares Core MSCI EAFE ETF by 39.6% in the fourth quarter. Union Savings Bank now owns 501 shares of the company’s stock valued at $35,000 after purchasing an additional 142 shares during the last quarter. Koshinski Asset Management Inc. raised its holdings in shares of iShares Core MSCI EAFE ETF by 0.3% in the fourth quarter. Koshinski Asset Management Inc. now owns 49,285 shares of the company’s stock valued at $3,464,000 after purchasing an additional 148 shares during the last quarter. Winthrop Advisory Group LLC raised its holdings in shares of iShares Core MSCI EAFE ETF by 4.3% in the fourth quarter. Winthrop Advisory Group LLC now owns 3,666 shares of the company’s stock valued at $258,000 after purchasing an additional 151 shares during the last quarter. NorthRock Partners LLC raised its holdings in shares of iShares Core MSCI EAFE ETF by 2.7% in the third quarter. NorthRock Partners LLC now owns 5,895 shares of the company’s stock valued at $460,000 after purchasing an additional 153 shares during the last quarter. Finally, Selective Wealth Management Inc. raised its holdings in shares of iShares Core MSCI EAFE ETF by 2.1% in the fourth quarter. Selective Wealth Management Inc. now owns 7,764 shares of the company’s stock valued at $542,000 after purchasing an additional 160 shares during the last quarter.

iShares Core MSCI EAFE ETF Price Performance

IEFA stock opened at $73.51 on Thursday. The company has a fifty day moving average price of $72.00 and a two-hundred day moving average price of $73.90. iShares Core MSCI EAFE ETF has a one year low of $56.55 and a one year high of $70.84. The stock has a market cap of $115.40 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.