Highland Capital Management LLC Decreases Position in iShares Core MSCI EAFE ETF (BATS:IEFA)

Highland Capital Management LLC lessened its holdings in shares of iShares Core MSCI EAFE ETF (BATS:IEFA) by 1.1% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 233,274 shares of the company’s stock after selling 2,703 shares during the period. iShares Core MSCI EAFE ETF makes up about 0.9% of Highland Capital Management LLC’s portfolio, making the stock its 19th biggest holding. Highland Capital Management LLC’s holdings in iShares Core MSCI EAFE ETF were worth $16,395,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently made changes to their positions in IEFA. HCR Wealth Advisors increased its position in shares of iShares Core MSCI EAFE ETF by 9.4% in the 3rd quarter. HCR Wealth Advisors now owns 16,331 shares of the company’s stock valued at $1,275,000 after acquiring an additional 1,397 shares during the period. Chan Zuckerberg Initiative LLC acquired a new position in shares of iShares Core MSCI EAFE ETF in the 3rd quarter valued at $86,526,000. Confluence Investment Management LLC acquired a new position in shares of iShares Core MSCI EAFE ETF in the 4th quarter valued at $284,000. GAMMA Investing LLC grew its position in iShares Core MSCI EAFE ETF by 21.4% during the 4th 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 period. Finally, Fifth Third Wealth Advisors LLC grew its position in iShares Core MSCI EAFE ETF by 10.1% during the 4th quarter. Fifth Third Wealth Advisors LLC now owns 695,279 shares of the company’s stock worth $48,864,000 after purchasing an additional 64,002 shares during the period.

iShares Core MSCI EAFE ETF Stock Performance

Shares of IEFA opened at $73.51 on Thursday. The business’s 50-day moving average is $72.00 and its two-hundred day moving average is $73.90. The company has a market capitalization of $115.40 billion, a P/E ratio of 14.38 and a beta of 0.82. iShares Core MSCI EAFE ETF has a fifty-two week low of $56.55 and a fifty-two 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.