Spectrum Wealth Counsel LLC Sells 37,552 Shares of iShares Core MSCI EAFE ETF (BATS:IEFA)

Spectrum Wealth Counsel LLC decreased its stake in iShares Core MSCI EAFE ETF (BATS:IEFA) by 70.0% in the 4th quarter, Holdings Channel.com reports. The firm owned 16,072 shares of the company’s stock after selling 37,552 shares during the quarter. Spectrum Wealth Counsel LLC’s holdings in iShares Core MSCI EAFE ETF were worth $1,130,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the stock. LPL Financial LLC lifted its stake in iShares Core MSCI EAFE ETF by 4.3% in the 3rd quarter. LPL Financial LLC now owns 36,275,934 shares of the company’s stock valued at $2,831,337,000 after purchasing an additional 1,506,562 shares during the last quarter. Bank of New York Mellon Corp lifted its stake in iShares Core MSCI EAFE ETF by 9.5% in the 4th quarter. Bank of New York Mellon Corp now owns 30,101,231 shares of the company’s stock valued at $2,115,515,000 after purchasing an additional 2,608,901 shares during the last quarter. FMR LLC raised its stake in shares of iShares Core MSCI EAFE ETF by 0.4% during the third quarter. FMR LLC now owns 19,246,834 shares of the company’s stock valued at $1,502,215,000 after acquiring an additional 72,670 shares during the last quarter. PNC Financial Services Group Inc. raised its stake in shares of iShares Core MSCI EAFE ETF by 0.7% during the third quarter. PNC Financial Services Group Inc. now owns 14,921,871 shares of the company’s stock valued at $1,164,652,000 after acquiring an additional 106,405 shares during the last quarter. Finally, Stifel Financial Corp raised its stake in shares of iShares Core MSCI EAFE ETF by 2.7% during the third quarter. Stifel Financial Corp now owns 9,656,141 shares of the company’s stock valued at $753,663,000 after acquiring an additional 257,103 shares during the last quarter.

iShares Core MSCI EAFE ETF Stock Performance

IEFA stock opened at $75.54 on Friday. The company has a fifty day moving average price of $72.81 and a 200-day moving average price of $74.17. The company has a market capitalization of $126.90 billion, a P/E ratio of 16.99 and a beta of 0.89. iShares Core MSCI EAFE ETF has a 52-week low of $56.55 and a 52-week high of $70.84.

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.