RiverFront Investment Group LLC Sells 610,892 Shares of iShares Core MSCI EAFE ETF (BATS:IEFA)

RiverFront Investment Group LLC lowered its holdings in shares of iShares Core MSCI EAFE ETF (BATS:IEFA) by 25.3% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 1,802,373 shares of the company’s stock after selling 610,892 shares during the period. iShares Core MSCI EAFE ETF accounts for 2.9% of RiverFront Investment Group LLC’s investment portfolio, making the stock its 10th largest holding. RiverFront Investment Group LLC’s holdings in iShares Core MSCI EAFE ETF were worth $126,671,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently bought and sold shares of the business. Confluence Investment Management LLC purchased a new stake in shares of iShares Core MSCI EAFE ETF during the fourth quarter worth approximately $284,000. Vontobel Holding Ltd. acquired a new position in iShares Core MSCI EAFE ETF in the 4th quarter valued at $270,000. Shepherd Financial Partners LLC raised its position in iShares Core MSCI EAFE ETF by 0.3% during the 4th quarter. Shepherd Financial Partners LLC now owns 686,669 shares of the company’s stock worth $48,259,000 after buying an additional 1,730 shares during the last quarter. GAMMA Investing LLC lifted its stake in shares of iShares Core MSCI EAFE ETF by 21.4% in the 4th quarter. GAMMA Investing LLC now owns 12,326 shares of the company’s stock worth $866,000 after acquiring an additional 2,176 shares during the period. Finally, PBMares Wealth Management LLC boosted its holdings in shares of iShares Core MSCI EAFE ETF by 14.6% in the fourth quarter. PBMares Wealth Management LLC now owns 4,651 shares of the company’s stock valued at $327,000 after acquiring an additional 594 shares in the last quarter.

iShares Core MSCI EAFE ETF Stock Up 9.5 %

Shares of iShares Core MSCI EAFE ETF stock opened at $76.40 on Friday. The firm has a market cap of $128.35 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 simple moving average is $75.65 and its 200-day simple moving average is $74.42.

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.