Peak Financial Management Inc. Sells 928 Shares of iShares Core MSCI EAFE ETF (BATS:IEFA)

Peak Financial Management Inc. lessened its stake in iShares Core MSCI EAFE ETF (BATS:IEFA) by 2.6% in the 4th quarter, Holdings Channel reports. The institutional investor owned 35,048 shares of the company’s stock after selling 928 shares during the period. iShares Core MSCI EAFE ETF comprises about 0.7% of Peak Financial Management Inc.’s holdings, making the stock its 29th biggest position. Peak Financial Management Inc.’s holdings in iShares Core MSCI EAFE ETF were worth $2,463,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in IEFA. LPL Financial LLC lifted its position in shares of 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 worth $2,831,337,000 after acquiring an additional 1,506,562 shares during the period. US Bancorp DE raised its stake in shares of 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 purchasing an additional 656,213 shares in the last quarter. Raymond James & Associates lifted its position in iShares Core MSCI EAFE ETF by 0.9% in the third quarter. Raymond James & Associates now owns 30,028,727 shares of the company’s stock worth $2,343,742,000 after purchasing an additional 281,791 shares during the period. Northwestern Mutual Wealth Management Co. boosted its stake in iShares Core MSCI EAFE ETF by 2.0% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 28,459,754 shares of the company’s stock worth $2,067,316,000 after buying an additional 561,317 shares in the last quarter. Finally, FMR LLC increased its holdings in iShares Core MSCI EAFE ETF by 0.4% in the 3rd quarter. FMR LLC now owns 19,246,834 shares of the company’s stock valued at $1,502,215,000 after buying an additional 72,670 shares during the period.

iShares Core MSCI EAFE ETF Stock Performance

Shares of IEFA stock opened at $73.56 on Monday. The firm has a fifty day moving average of $71.92 and a 200-day moving average of $73.93. The stock has a market cap of $115.48 billion, a price-to-earnings ratio of 14.38 and a beta of 0.82. iShares Core MSCI EAFE ETF has a 52-week low of $56.55 and a 52-week high of $70.84.

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.