Summit Global Investments Lowers Holdings in iShares Core MSCI EAFE ETF (BATS:IEFA)

Summit Global Investments lowered its position in iShares Core MSCI EAFE ETF (BATS:IEFA) by 68.5% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 35,714 shares of the company’s stock after selling 77,682 shares during the quarter. Summit Global Investments’ holdings in iShares Core MSCI EAFE ETF were worth $2,510,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of the company. Jones Financial Companies Lllp increased its stake in shares of iShares Core MSCI EAFE ETF by 1.3% during the fourth quarter. Jones Financial Companies Lllp now owns 88,571,458 shares of the company’s stock valued at $6,224,802,000 after buying an additional 1,150,886 shares during the period. Raymond James Financial Inc. bought a new position in iShares Core MSCI EAFE ETF during the 4th quarter worth about $2,637,205,000. Bank of New York Mellon Corp increased its position in iShares Core MSCI EAFE ETF by 9.5% during the 4th quarter. Bank of New York Mellon Corp now owns 30,101,231 shares of the company’s stock valued at $2,115,515,000 after purchasing an additional 2,608,901 shares during the period. FMR LLC raised its holdings in shares of iShares Core MSCI EAFE ETF by 0.4% in the 3rd quarter. FMR LLC now owns 19,246,834 shares of the company’s stock valued at $1,502,215,000 after purchasing an additional 72,670 shares in the last quarter. Finally, Envestnet Portfolio Solutions Inc. lifted its position in shares of iShares Core MSCI EAFE ETF by 9.5% in the 4th quarter. Envestnet Portfolio Solutions Inc. now owns 15,636,699 shares of the company’s stock worth $1,098,947,000 after purchasing an additional 1,352,274 shares during the period.

iShares Core MSCI EAFE ETF Stock Up 11.1 %

Shares of IEFA stock opened at $77.54 on Friday. The firm has a market cap of $130.27 billion, a price-to-earnings ratio of 16.46 and a beta of 0.88. iShares Core MSCI EAFE ETF has a 52-week low of $68.74 and a 52-week high of $78.95. The company’s 50 day moving average is $74.96 and its 200 day moving average is $74.36.

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.