Sax Wealth Advisors LLC Reduces Holdings in iShares Core MSCI EAFE ETF (BATS:IEFA)

Sax Wealth Advisors LLC decreased its position in shares of iShares Core MSCI EAFE ETF (BATS:IEFA) by 2.5% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 25,358 shares of the company’s stock after selling 647 shares during the period. Sax Wealth Advisors LLC’s holdings in iShares Core MSCI EAFE ETF were worth $1,782,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Darwin Wealth Management LLC purchased a new stake in shares of iShares Core MSCI EAFE ETF in the third quarter worth approximately $30,000. Kiely Wealth Advisory Group Inc. bought a new position in iShares Core MSCI EAFE ETF in the 2nd quarter valued at $29,000. St. Johns Investment Management Company LLC purchased a new stake in iShares Core MSCI EAFE ETF in the third quarter worth $37,000. FSA Wealth Management LLC bought a new stake in shares of iShares Core MSCI EAFE ETF during the third quarter worth $38,000. Finally, Kimelman & Baird LLC purchased a new position in iShares Core MSCI EAFE ETF in the 2nd quarter worth about $39,000.

iShares Core MSCI EAFE ETF Price Performance

Shares of IEFA opened at $71.34 on Friday. The company has a 50-day moving average of $71.90 and a 200 day moving average of $73.97. 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 capitalization of $112.00 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.