iShares Core MSCI EAFE ETF $IEFA is MTC Wealth Management LLC’s 3rd Largest Position

MTC Wealth Management LLC lifted its position in iShares Core MSCI EAFE ETF (BATS:IEFA) by 42.0% in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 347,436 shares of the company’s stock after purchasing an additional 102,677 shares during the quarter. iShares Core MSCI EAFE ETF makes up 14.9% of MTC Wealth Management LLC’s investment portfolio, making the stock its 3rd biggest holding. MTC Wealth Management LLC’s holdings in iShares Core MSCI EAFE ETF were worth $31,453,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in the company. JPMorgan Chase & Co. lifted its stake in iShares Core MSCI EAFE ETF by 179.9% in the fourth quarter. JPMorgan Chase & Co. now owns 18,177,164 shares of the company’s stock valued at $1,626,129,000 after buying an additional 40,918,156 shares during the last quarter. Raymond James Financial Inc. grew its position in shares of iShares Core MSCI EAFE ETF by 15.0% during the fourth quarter. Raymond James Financial Inc. now owns 43,144,722 shares of the company’s stock worth $3,859,727,000 after acquiring an additional 5,635,481 shares during the last quarter. Morgan Stanley grew its position in shares of iShares Core MSCI EAFE ETF by 4.9% during the fourth quarter. Morgan Stanley now owns 104,883,248 shares of the company’s stock worth $9,382,856,000 after acquiring an additional 4,892,313 shares during the last quarter. Bank of America Corp DE increased its holdings in shares of iShares Core MSCI EAFE ETF by 1.3% in the 4th quarter. Bank of America Corp DE now owns 227,762,243 shares of the company’s stock valued at $20,375,610,000 after acquiring an additional 2,898,995 shares during the period. Finally, Wells Fargo & Company MN increased its holdings in shares of iShares Core MSCI EAFE ETF by 3.8% in the 4th quarter. Wells Fargo & Company MN now owns 79,118,875 shares of the company’s stock valued at $7,077,975,000 after acquiring an additional 2,898,461 shares during the period.

iShares Core MSCI EAFE ETF Price Performance

IEFA stock opened at $96.89 on Wednesday. The company has a market cap of $165.68 billion, a price-to-earnings ratio of 16.18 and a beta of 0.84. The company has a fifty day moving average price of $96.88 and a 200 day moving average price of $94.67. iShares Core MSCI EAFE ETF has a 12 month low of $81.17 and a 12 month high of $98.83.

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.