Summit Financial LLC Sells 28,111 Shares of iShares Core MSCI EAFE ETF $IEFA

Summit Financial LLC trimmed its stake in iShares Core MSCI EAFE ETF (BATS:IEFA) by 5.4% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 488,202 shares of the company’s stock after selling 28,111 shares during the period. iShares Core MSCI EAFE ETF makes up about 0.6% of Summit Financial LLC’s portfolio, making the stock its 23rd biggest position. Summit Financial LLC’s holdings in iShares Core MSCI EAFE ETF were worth $43,675,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also modified their holdings of IEFA. JPMorgan Chase & Co. lifted its stake in shares of iShares Core MSCI EAFE ETF by 179.9% during the 4th quarter. JPMorgan Chase & Co. now owns 18,177,164 shares of the company’s stock worth $1,626,129,000 after acquiring an additional 40,918,156 shares during the last quarter. Bank of Montreal Can lifted its stake in shares of iShares Core MSCI EAFE ETF by 109.0% during the 3rd quarter. Bank of Montreal Can now owns 13,626,889 shares of the company’s stock worth $1,189,764,000 after acquiring an additional 7,107,210 shares during the last quarter. Bank of America Corp DE lifted its stake in shares of iShares Core MSCI EAFE ETF by 2.2% during the 3rd quarter. Bank of America Corp DE now owns 224,863,248 shares of the company’s stock worth $19,632,810,000 after acquiring an additional 4,837,732 shares during the last quarter. LPL Financial LLC lifted its stake in shares of iShares Core MSCI EAFE ETF by 4.6% during the 4th quarter. LPL Financial LLC now owns 40,788,933 shares of the company’s stock worth $3,648,978,000 after acquiring an additional 1,799,732 shares during the last quarter. Finally, Axxcess Wealth Management LLC lifted its stake in shares of iShares Core MSCI EAFE ETF by 1,401.6% during the 4th quarter. Axxcess Wealth Management LLC now owns 1,889,064 shares of the company’s stock worth $168,996,000 after acquiring an additional 1,763,263 shares during the last quarter.

iShares Core MSCI EAFE ETF Stock Performance

Shares of IEFA stock opened at $97.97 on Friday. iShares Core MSCI EAFE ETF has a 52-week low of $79.82 and a 52-week high of $98.83. The firm has a market capitalization of $167.53 billion, a P/E ratio of 16.18 and a beta of 0.84. The stock has a 50 day moving average price of $96.03 and a 200 day moving average price of $93.43.

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.