Summit Global Investments Sells 77,682 Shares of iShares Core MSCI EAFE ETF (BATS:IEFA)

Summit Global Investments decreased its position in shares of iShares Core MSCI EAFE ETF (BATS:IEFA) by 68.5% in the fourth quarter, HoldingsChannel reports. The fund 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.

Other institutional investors also recently bought and sold shares of the company. Raymond James Financial Inc. purchased a new stake in shares of iShares Core MSCI EAFE ETF during the 4th quarter valued at $2,637,205,000. Life Planning Partners Inc raised its stake in iShares Core MSCI EAFE ETF by 6,920.2% in the fourth quarter. Life Planning Partners Inc now owns 8,435,918 shares of the company’s stock valued at $592,876,000 after buying an additional 8,315,752 shares during the last quarter. Brooklyn FI LLC boosted its holdings in iShares Core MSCI EAFE ETF by 6,704.8% in the fourth quarter. Brooklyn FI LLC now owns 3,403,698 shares of the company’s stock worth $250,452,000 after acquiring an additional 3,353,679 shares in the last quarter. Bank of New York Mellon Corp grew its stake in shares of iShares Core MSCI EAFE ETF by 9.5% during the fourth quarter. Bank of New York Mellon Corp now owns 30,101,231 shares of the company’s stock worth $2,115,515,000 after acquiring an additional 2,608,901 shares during the last quarter. Finally, Bell Bank increased its holdings in shares of iShares Core MSCI EAFE ETF by 187.7% during the fourth quarter. Bell Bank now owns 3,546,845 shares of the company’s stock valued at $249,272,000 after acquiring an additional 2,313,901 shares in the last quarter.

iShares Core MSCI EAFE ETF Stock Up 11.1 %

IEFA stock opened at $77.54 on Friday. The stock has a market capitalization of $130.27 billion, a PE 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 firm has a 50 day moving average of $74.96 and a 200 day moving average of $74.36.

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.