SVB Wealth LLC Cuts Position in iShares Core MSCI EAFE ETF (BATS:IEFA)

SVB Wealth LLC reduced its stake in iShares Core MSCI EAFE ETF (BATS:IEFA) by 3.0% during the second quarter, HoldingsChannel.com reports. The firm owned 501,638 shares of the company’s stock after selling 15,631 shares during the quarter. iShares Core MSCI EAFE ETF makes up about 0.9% of SVB Wealth LLC’s portfolio, making the stock its 17th largest holding. SVB Wealth LLC’s holdings in iShares Core MSCI EAFE ETF were worth $36,439,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. International Assets Investment Management LLC bought a new position in iShares Core MSCI EAFE ETF in the 4th quarter worth about $909,000. Guidance Capital Inc. purchased a new stake in shares of iShares Core MSCI EAFE ETF during the fourth quarter valued at approximately $13,742,000. New York State Common Retirement Fund increased its position in shares of iShares Core MSCI EAFE ETF by 133.8% during the fourth quarter. New York State Common Retirement Fund now owns 1,716 shares of the company’s stock valued at $121,000 after acquiring an additional 982 shares in the last quarter. Vantage Financial Partners LLC raised its holdings in iShares Core MSCI EAFE ETF by 35.5% in the 4th quarter. Vantage Financial Partners LLC now owns 10,665 shares of the company’s stock worth $750,000 after acquiring an additional 2,793 shares during the last quarter. Finally, Gilbert & Cook Inc. lifted its position in iShares Core MSCI EAFE ETF by 59.0% in the 4th quarter. Gilbert & Cook Inc. now owns 23,932 shares of the company’s stock valued at $1,684,000 after acquiring an additional 8,880 shares in the last quarter.

iShares Core MSCI EAFE ETF Trading Down 1.9 %

IEFA traded down $1.47 during trading on Friday, hitting $74.28. 8,036,629 shares of the company’s stock traded hands. iShares Core MSCI EAFE ETF has a 12-month low of $56.55 and a 12-month high of $70.84. The company’s 50 day simple moving average is $74.31 and its two-hundred day simple moving average is $73.73. The stock has a market capitalization of $116.62 billion, a price-to-earnings 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.