West Michigan Advisors LLC Cuts Position in iShares Core MSCI EAFE ETF (BATS:IEFA)

West Michigan Advisors LLC lessened its stake in iShares Core MSCI EAFE ETF (BATS:IEFA) by 8.9% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 10,927 shares of the company’s stock after selling 1,069 shares during the quarter. West Michigan Advisors LLC’s holdings in iShares Core MSCI EAFE ETF were worth $768,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in the stock. LPL Financial LLC increased its holdings in shares of iShares Core MSCI EAFE ETF by 4.3% in the 3rd quarter. LPL Financial LLC now owns 36,275,934 shares of the company’s stock valued at $2,831,337,000 after purchasing an additional 1,506,562 shares in the last quarter. Bank of New York Mellon Corp increased its holdings 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 acquiring an additional 2,608,901 shares in the last quarter. FMR LLC increased its holdings in iShares Core MSCI EAFE ETF by 0.4% during the 3rd quarter. FMR LLC now owns 19,246,834 shares of the company’s stock valued at $1,502,215,000 after acquiring an additional 72,670 shares in the last quarter. PNC Financial Services Group Inc. increased its holdings in iShares Core MSCI EAFE ETF by 0.7% during the 3rd quarter. PNC Financial Services Group Inc. now owns 14,921,871 shares of the company’s stock valued at $1,164,652,000 after acquiring an additional 106,405 shares in the last quarter. Finally, Stifel Financial Corp increased its holdings in iShares Core MSCI EAFE ETF by 2.7% during the 3rd quarter. Stifel Financial Corp now owns 9,656,141 shares of the company’s stock valued at $753,663,000 after acquiring an additional 257,103 shares in the last quarter.

iShares Core MSCI EAFE ETF Trading Up 8.2 %

BATS:IEFA opened at $75.54 on Friday. The firm has a 50-day moving average price of $72.81 and a two-hundred day moving average price of $74.17. iShares Core MSCI EAFE ETF has a twelve month low of $56.55 and a twelve month high of $70.84. The company has a market capitalization of $126.90 billion, a P/E ratio of 16.99 and a beta of 0.89.

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.