HighTower Advisors LLC Decreases Holdings in iShares Core MSCI EAFE ETF $IEFA

HighTower Advisors LLC reduced its holdings in shares of iShares Core MSCI EAFE ETF (BATS:IEFA) by 1.8% in the 3rd quarter, HoldingsChannel reports. The fund owned 4,803,075 shares of the company’s stock after selling 89,338 shares during the quarter. HighTower Advisors LLC’s holdings in iShares Core MSCI EAFE ETF were worth $419,358,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in IEFA. Bank of America Corp DE boosted its holdings in iShares Core MSCI EAFE ETF by 2.5% in the second quarter. Bank of America Corp DE now owns 220,025,516 shares of the company’s stock valued at $18,367,730,000 after purchasing an additional 5,414,037 shares in the last quarter. Jones Financial Companies Lllp lifted its position in shares of iShares Core MSCI EAFE ETF by 7.6% during the 3rd quarter. Jones Financial Companies Lllp now owns 96,540,540 shares of the company’s stock worth $8,355,581,000 after buying an additional 6,837,301 shares during the last quarter. Envestnet Asset Management Inc. boosted its holdings in shares of iShares Core MSCI EAFE ETF by 10.1% in the 2nd quarter. Envestnet Asset Management Inc. now owns 40,235,704 shares of the company’s stock valued at $3,358,875,000 after buying an additional 3,675,689 shares in the last quarter. Raymond James Financial Inc. grew its position in shares of iShares Core MSCI EAFE ETF by 2.9% in the 2nd quarter. Raymond James Financial Inc. now owns 38,892,517 shares of the company’s stock valued at $3,246,747,000 after buying an additional 1,109,663 shares during the last quarter. Finally, Bank of New York Mellon Corp raised its stake in iShares Core MSCI EAFE ETF by 3.2% during the 3rd quarter. Bank of New York Mellon Corp now owns 33,603,089 shares of the company’s stock worth $2,933,886,000 after acquiring an additional 1,042,402 shares in the last quarter.

iShares Core MSCI EAFE ETF Price Performance

Shares of IEFA opened at $97.28 on Friday. iShares Core MSCI EAFE ETF has a 1-year low of $66.95 and a 1-year high of $98.24. The stock has a market cap of $166.35 billion, a PE ratio of 16.18 and a beta of 0.84. The firm has a fifty day moving average price of $92.10 and a 200 day moving average price of $88.73.

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.