Envestnet Asset Management Inc. Sells 1,715,781 Shares of iShares Core MSCI EAFE ETF $IEFA

Envestnet Asset Management Inc. trimmed its position in shares of iShares Core MSCI EAFE ETF (BATS:IEFA) by 3.4% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 49,145,813 shares of the company’s stock after selling 1,715,781 shares during the quarter. iShares Core MSCI EAFE ETF accounts for 0.7% of Envestnet Asset Management Inc.’s portfolio, making the stock its 20th largest position. Envestnet Asset Management Inc. owned approximately 2.87% of iShares Core MSCI EAFE ETF worth $4,746,471,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Breakwater Capital Group increased its position in shares of iShares Core MSCI EAFE ETF by 0.8% in the 1st quarter. Breakwater Capital Group now owns 12,963 shares of the company’s stock valued at $1,174,000 after buying an additional 105 shares in the last quarter. LGL Partners LLC lifted its holdings in iShares Core MSCI EAFE ETF by 0.3% during the fourth quarter. LGL Partners LLC now owns 33,979 shares of the company’s stock worth $3,040,000 after acquiring an additional 108 shares in the last quarter. Eclectic Associates Inc. ADV lifted its holdings in iShares Core MSCI EAFE ETF by 3.4% during the second quarter. Eclectic Associates Inc. ADV now owns 3,283 shares of the company’s stock worth $317,000 after acquiring an additional 108 shares in the last quarter. Clifford Swan Investment Counsel LLC lifted its holdings in iShares Core MSCI EAFE ETF by 4.3% during the first quarter. Clifford Swan Investment Counsel LLC now owns 2,746 shares of the company’s stock worth $249,000 after acquiring an additional 114 shares in the last quarter. Finally, KFG Wealth Management LLC grew its stake in iShares Core MSCI EAFE ETF by 4.9% in the second quarter. KFG Wealth Management LLC now owns 2,423 shares of the company’s stock valued at $234,000 after acquiring an additional 114 shares during the period.

iShares Core MSCI EAFE ETF Price Performance

Shares of iShares Core MSCI EAFE ETF stock traded down $1.65 during trading hours on Wednesday, hitting $97.82. The company’s stock had a trading volume of 10,762,469 shares, compared to its average volume of 12,071,906. iShares Core MSCI EAFE ETF has a 12 month low of $85.03 and a 12 month high of $101.44. The stock has a 50 day moving average of $99.22 and a 200 day moving average of $96.46. The company has a market capitalization of $167.27 billion, a PE ratio of 16.18 and a beta of 0.84.

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.