Envestnet Asset Management Inc. Has $4.75 Billion Holdings in iShares Core MSCI EAFE ETF $IEFA

Envestnet Asset Management Inc. trimmed its stake 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 disclosure with the Securities & Exchange Commission. The firm owned 49,145,813 shares of the company’s stock after selling 1,715,781 shares during the period. iShares Core MSCI EAFE ETF comprises about 0.7% of Envestnet Asset Management Inc.’s portfolio, making the stock its 20th largest position. Envestnet Asset Management Inc.’s holdings in iShares Core MSCI EAFE ETF were worth $4,746,471,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also added to or reduced their stakes in the company. Wells Fargo & Company MN boosted its stake in iShares Core MSCI EAFE ETF by 3.8% in the 4th quarter. Wells Fargo & Company MN now owns 79,118,875 shares of the company’s stock worth $7,077,975,000 after purchasing an additional 2,898,461 shares during the period. LPL Financial LLC raised its stake in shares of iShares Core MSCI EAFE ETF by 4.6% in the 4th quarter. LPL Financial LLC now owns 40,788,933 shares of the company’s stock valued at $3,648,978,000 after purchasing an additional 1,799,732 shares during the period. Bank of New York Mellon Corp raised its stake in shares of iShares Core MSCI EAFE ETF by 8.4% in 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 period. Northwestern Mutual Wealth Management Co. lifted its holdings in shares of iShares Core MSCI EAFE ETF by 3.1% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 34,998,927 shares of the company’s stock valued at $3,131,004,000 after purchasing an additional 1,044,074 shares in the last quarter. Finally, JPMorgan Chase & Co. lifted its holdings in shares of iShares Core MSCI EAFE ETF by 179.9% in the fourth quarter. JPMorgan Chase & Co. now owns 18,177,164 shares of the company’s stock valued at $1,626,129,000 after purchasing an additional 40,918,156 shares in the last quarter.

iShares Core MSCI EAFE ETF Trading Down 1.7%

Shares of IEFA stock traded down $1.65 on Wednesday, hitting $97.82. 10,762,469 shares of the stock were exchanged, compared to its average volume of 12,071,906. The firm has a market capitalization of $167.27 billion, a P/E ratio of 16.18 and a beta of 0.84. The business has a 50-day moving average of $99.22 and a 200 day moving average of $96.46. iShares Core MSCI EAFE ETF has a fifty-two week low of $85.03 and a fifty-two week high of $101.44.

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.