RKL Wealth Management LLC Decreases Stake in iShares Core MSCI EAFE ETF $IEFA

RKL Wealth Management LLC trimmed its stake in shares of iShares Core MSCI EAFE ETF (BATS:IEFA) by 5.5% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,190,974 shares of the company’s stock after selling 69,812 shares during the quarter. iShares Core MSCI EAFE ETF makes up about 9.7% of RKL Wealth Management LLC’s portfolio, making the stock its 2nd largest holding. RKL Wealth Management LLC owned about 0.07% of iShares Core MSCI EAFE ETF worth $107,819,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Revolve Wealth Partners LLC grew its stake in shares of iShares Core MSCI EAFE ETF by 3.8% during the fourth quarter. Revolve Wealth Partners LLC now owns 551,668 shares of the company’s stock worth $38,771,000 after buying an additional 19,941 shares during the last quarter. First Trust Advisors LP bought a new position in shares of iShares Core MSCI EAFE ETF in the 2nd quarter valued at $238,000. Gamco Investors INC. ET AL bought a new position in shares of iShares Core MSCI EAFE ETF in the 2nd quarter valued at $1,160,000. Bank of Nova Scotia acquired a new stake in shares of iShares Core MSCI EAFE ETF during the 2nd quarter valued at $217,000. Finally, Squarepoint Ops LLC acquired a new stake in shares of iShares Core MSCI EAFE ETF during the 2nd quarter valued at $2,102,000.

iShares Core MSCI EAFE ETF Stock Down 0.5%

Shares of IEFA stock opened at $96.08 on Thursday. The firm has a market capitalization of $164.30 billion, a P/E ratio of 16.18 and a beta of 0.84. iShares Core MSCI EAFE ETF has a twelve month low of $81.17 and a twelve month high of $98.83. The stock’s fifty day simple moving average is $96.47 and its 200 day simple moving average is $94.17.

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.