SOL Capital Management CO Cuts Holdings in iShares Core MSCI EAFE ETF (BATS:IEFA)

SOL Capital Management CO decreased its position in iShares Core MSCI EAFE ETF (BATS:IEFA) by 10.3% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 22,809 shares of the company’s stock after selling 2,630 shares during the period. SOL Capital Management CO’s holdings in iShares Core MSCI EAFE ETF were worth $1,603,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. LPL Financial LLC grew its position in iShares Core MSCI EAFE ETF by 4.3% during the third quarter. LPL Financial LLC now owns 36,275,934 shares of the company’s stock valued at $2,831,337,000 after buying an additional 1,506,562 shares during the period. US Bancorp DE boosted its stake in iShares Core MSCI EAFE ETF by 2.0% in the third quarter. US Bancorp DE now owns 32,868,438 shares of the company’s stock valued at $2,565,395,000 after acquiring an additional 656,213 shares during the last quarter. Raymond James & Associates grew its position in shares of iShares Core MSCI EAFE ETF by 0.9% during the 3rd quarter. Raymond James & Associates now owns 30,028,727 shares of the company’s stock valued at $2,343,742,000 after acquiring an additional 281,791 shares during the period. FMR LLC increased its stake in shares of iShares Core MSCI EAFE ETF by 0.4% during the 3rd quarter. FMR LLC now owns 19,246,834 shares of the company’s stock worth $1,502,215,000 after purchasing an additional 72,670 shares during the last quarter. Finally, PNC Financial Services Group Inc. raised its holdings in shares of iShares Core MSCI EAFE ETF by 0.7% in the 3rd quarter. PNC Financial Services Group Inc. now owns 14,921,871 shares of the company’s stock worth $1,164,652,000 after purchasing an additional 106,405 shares during the period.

iShares Core MSCI EAFE ETF Trading Up 5.5 %

Shares of BATS IEFA opened at $73.58 on Friday. The stock has a fifty day simple moving average of $72.07 and a two-hundred day simple moving average of $73.90. iShares Core MSCI EAFE ETF has a 1-year low of $56.55 and a 1-year high of $70.84. The firm has a market cap of $115.53 billion, a price-to-earnings ratio of 14.38 and a beta of 0.82.

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.