Tortoise Investment Management LLC Sells 5,223 Shares of iShares Core MSCI EAFE ETF (BATS:IEFA)

Tortoise Investment Management LLC decreased its holdings in iShares Core MSCI EAFE ETF (BATS:IEFA) by 2.9% in the fourth quarter, Holdings Channel reports. The firm owned 172,526 shares of the company’s stock after selling 5,223 shares during the quarter. iShares Core MSCI EAFE ETF accounts for about 1.3% of Tortoise Investment Management LLC’s portfolio, making the stock its 21st biggest position. Tortoise Investment Management LLC’s holdings in iShares Core MSCI EAFE ETF were worth $12,125,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of the business. Independent Advisor Alliance increased its holdings in shares of iShares Core MSCI EAFE ETF by 669.0% in the 4th quarter. Independent Advisor Alliance now owns 228,474 shares of the company’s stock worth $16,057,000 after purchasing an additional 198,764 shares in the last quarter. Paragon Private Wealth Management LLC purchased a new position in shares of iShares Core MSCI EAFE ETF in the 4th quarter worth $378,000. Midland Wealth Advisors LLC boosted its stake in shares of iShares Core MSCI EAFE ETF by 0.5% in the 4th quarter. Midland Wealth Advisors LLC now owns 2,020,619 shares of the company’s stock worth $142,009,000 after buying an additional 10,603 shares during the last quarter. REDW Wealth LLC purchased a new position in shares of iShares Core MSCI EAFE ETF in the 4th quarter worth $3,535,000. Finally, Simplicity Wealth LLC boosted its stake in shares of iShares Core MSCI EAFE ETF by 3.7% in the 4th quarter. Simplicity Wealth LLC now owns 28,619 shares of the company’s stock worth $2,011,000 after buying an additional 1,019 shares during the last quarter.

iShares Core MSCI EAFE ETF Price Performance

IEFA stock opened at $78.26 on Monday. The company has a market cap of $131.48 billion, a P/E ratio of 16.99 and a beta of 0.89. iShares Core MSCI EAFE ETF has a 1 year low of $56.55 and a 1 year high of $70.84. The stock’s fifty day moving average price is $73.60 and its 200-day moving average price is $74.28.

iShares Core MSCI EAFE ETF Company 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.