HighTower Advisors LLC Sells 242,463 Shares of iShares Core MSCI EAFE ETF (BATS:IEFA)

HighTower Advisors LLC decreased its position in iShares Core MSCI EAFE ETF (BATS:IEFA) by 4.9% during the 4th quarter, Holdings Channel.com reports. The fund owned 4,656,028 shares of the company’s stock after selling 242,463 shares during the quarter. HighTower Advisors LLC’s holdings in iShares Core MSCI EAFE ETF were worth $327,226,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. Ashton Thomas Securities LLC boosted its holdings in iShares Core MSCI EAFE ETF by 204.0% during the third quarter. Ashton Thomas Securities LLC now owns 6,642 shares of the company’s stock worth $518,000 after buying an additional 4,457 shares during the last quarter. Everhart Financial Group Inc. boosted its holdings in iShares Core MSCI EAFE ETF by 39.0% during the third quarter. Everhart Financial Group Inc. now owns 21,910 shares of the company’s stock worth $1,710,000 after buying an additional 6,151 shares during the last quarter. Apollon Wealth Management LLC boosted its holdings in iShares Core MSCI EAFE ETF by 2.8% during the third quarter. Apollon Wealth Management LLC now owns 589,434 shares of the company’s stock worth $46,005,000 after buying an additional 16,206 shares during the last quarter. Harbour Investments Inc. boosted its holdings in iShares Core MSCI EAFE ETF by 13.3% during the third quarter. Harbour Investments Inc. now owns 44,049 shares of the company’s stock worth $3,438,000 after buying an additional 5,174 shares during the last quarter. Finally, First National Trust Co boosted its holdings in iShares Core MSCI EAFE ETF by 10.2% during the third quarter. First National Trust Co now owns 844,172 shares of the company’s stock worth $65,888,000 after buying an additional 78,029 shares during the last quarter.

iShares Core MSCI EAFE ETF Trading Up 9.1 %

Shares of IEFA opened at $76.16 on Wednesday. iShares Core MSCI EAFE ETF has a 1 year low of $56.55 and a 1 year high of $70.84. The stock has a market cap of $127.96 billion, a P/E ratio of 16.99 and a beta of 0.89. The stock’s 50-day moving average price is $73.83 and its two-hundred day moving average price is $74.28.

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.