Balentine LLC Sells 45,342 Shares of iShares Core MSCI EAFE ETF $IEFA

Balentine LLC reduced its stake in shares of iShares Core MSCI EAFE ETF (BATS:IEFA) by 2.1% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,078,566 shares of the company’s stock after selling 45,342 shares during the quarter. iShares Core MSCI EAFE ETF accounts for 7.5% of Balentine LLC’s portfolio, making the stock its 5th largest position. Balentine LLC owned about 0.12% of iShares Core MSCI EAFE ETF worth $201,371,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Bank of New York Mellon Corp lifted its holdings in iShares Core MSCI EAFE ETF by 8.4% during the 1st quarter. Bank of New York Mellon Corp now owns 38,117,521 shares of the company’s stock valued at $3,450,779,000 after purchasing an additional 2,957,022 shares during the last quarter. PNC Financial Services Group Inc. boosted its position in iShares Core MSCI EAFE ETF by 0.4% in the first quarter. PNC Financial Services Group Inc. now owns 16,811,167 shares of the company’s stock valued at $1,521,915,000 after buying an additional 68,617 shares in the last quarter. Cetera Investment Advisers boosted its position in iShares Core MSCI EAFE ETF by 6.7% in the first quarter. Cetera Investment Advisers now owns 11,479,180 shares of the company’s stock valued at $1,039,210,000 after buying an additional 720,499 shares in the last quarter. Royal Bank of Canada boosted its position in iShares Core MSCI EAFE ETF by 0.3% in the first quarter. Royal Bank of Canada now owns 8,847,558 shares of the company’s stock valued at $800,969,000 after buying an additional 28,030 shares in the last quarter. Finally, Assetmark Inc. grew its stake in iShares Core MSCI EAFE ETF by 4.9% during the first quarter. Assetmark Inc. now owns 8,778,321 shares of the company’s stock worth $794,701,000 after buying an additional 413,330 shares during the last quarter.

iShares Core MSCI EAFE ETF Trading Down 0.8%

Shares of iShares Core MSCI EAFE ETF stock opened at $94.80 on Friday. The stock has a market capitalization of $187.70 billion, a price-to-earnings ratio of 16.36 and a beta of 0.80. iShares Core MSCI EAFE ETF has a 1-year low of $85.03 and a 1-year high of $101.44. The firm’s 50-day moving average price is $97.60 and its two-hundred day moving average price is $96.39.

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.