Destination Wealth Management Sells 5,713 Shares of iShares Core MSCI EAFE ETF $IEFA

Destination Wealth Management cut its holdings in iShares Core MSCI EAFE ETF (BATS:IEFA) by 40.9% in the third quarter, HoldingsChannel reports. The firm owned 8,254 shares of the company’s stock after selling 5,713 shares during the period. Destination Wealth Management’s holdings in iShares Core MSCI EAFE ETF were worth $721,000 as of its most recent SEC filing.

Several other hedge funds have also recently bought and sold shares of the business. Birchbrook Inc. bought a new position in iShares Core MSCI EAFE ETF during the second quarter valued at about $25,000. Anfield Capital Management LLC boosted its stake in shares of iShares Core MSCI EAFE ETF by 185.3% during the 2nd quarter. Anfield Capital Management LLC now owns 331 shares of the company’s stock worth $28,000 after acquiring an additional 215 shares in the last quarter. MB Levis & Associates LLC boosted its stake in shares of iShares Core MSCI EAFE ETF by 106.7% during the 3rd quarter. MB Levis & Associates LLC now owns 339 shares of the company’s stock worth $30,000 after acquiring an additional 175 shares in the last quarter. Darwin Wealth Management LLC acquired a new position in shares of iShares Core MSCI EAFE ETF during the 2nd quarter valued at about $33,000. Finally, Westend Capital Management LLC acquired a new position in shares of iShares Core MSCI EAFE ETF during the 3rd quarter valued at about $43,000.

iShares Core MSCI EAFE ETF Stock Performance

Shares of IEFA stock opened at $91.44 on Tuesday. The stock’s 50 day simple moving average is $94.40 and its 200 day simple moving average is $90.27. iShares Core MSCI EAFE ETF has a twelve month low of $66.95 and a twelve month high of $98.83. The company has a market capitalization of $156.36 billion, a price-to-earnings ratio of 16.18 and a beta of 0.84.

iShares Core MSCI EAFE ETF 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.