FFT Wealth Management LLC Lowers Stock Holdings in iShares Core MSCI EAFE ETF (BATS:IEFA)

FFT Wealth Management LLC trimmed its position in iShares Core MSCI EAFE ETF (BATS:IEFA) by 0.6% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 135,041 shares of the company’s stock after selling 850 shares during the quarter. iShares Core MSCI EAFE ETF makes up approximately 0.7% of FFT Wealth Management LLC’s portfolio, making the stock its 17th biggest holding. FFT Wealth Management LLC’s holdings in iShares Core MSCI EAFE ETF were worth $9,491,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Chan Zuckerberg Initiative LLC bought a new position in shares of iShares Core MSCI EAFE ETF in the third quarter worth approximately $86,526,000. Confluence Investment Management LLC bought a new position in shares of iShares Core MSCI EAFE ETF in the fourth quarter worth approximately $284,000. Shepherd Financial Partners LLC increased its position in shares of iShares Core MSCI EAFE ETF by 0.3% in the fourth quarter. Shepherd Financial Partners LLC now owns 686,669 shares of the company’s stock worth $48,259,000 after purchasing an additional 1,730 shares during the last quarter. GAMMA Investing LLC increased its position in shares of iShares Core MSCI EAFE ETF by 21.4% in the fourth quarter. GAMMA Investing LLC now owns 12,326 shares of the company’s stock worth $866,000 after purchasing an additional 2,176 shares during the last quarter. Finally, PBMares Wealth Management LLC increased its position in shares of iShares Core MSCI EAFE ETF by 14.6% in the fourth quarter. PBMares Wealth Management LLC now owns 4,651 shares of the company’s stock worth $327,000 after purchasing an additional 594 shares during the last quarter.

iShares Core MSCI EAFE ETF Price Performance

Shares of BATS IEFA opened at $76.24 on Wednesday. iShares Core MSCI EAFE ETF has a one year low of $56.55 and a one year high of $70.84. The firm’s 50 day simple moving average is $72.62 and its two-hundred day simple moving average is $74.15. The stock has a market capitalization of $128.07 billion, a P/E ratio of 16.99 and a beta of 0.89.

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.