Aspect Partners LLC has reduced its holdings in the iShares Core MSCI EAFE ETF (BATS: IEFA) by 21.4%, as revealed in its recent filing with the Securities and Exchange Commission. After selling 37,814 shares during the third quarter, the firm now owns 138,528 shares, which represent 5.5% of its total holdings, making it the firm’s fourth-largest position. The value of Aspect Partners LLC’s stake in the ETF stands at approximately $12,095,000.
Other institutional investors have also adjusted their positions in the iShares Core MSCI EAFE ETF. Notably, Laurel Wealth Advisors LLC significantly increased its holdings by an astounding 9,134.0% during the second quarter. The firm now owns 7,156,078 shares valued at around $597,389,000 after acquiring an additional 7,078,581 shares.
In the same period, Jones Financial Companies Lllp raised its stake by 7.6%, bringing its total to 96,540,540 shares, worth approximately $8,355,581,000. Similarly, Bank of America Corp DE increased its position by 2.5%, now holding 220,025,516 shares valued at $18,367,730,000 after purchasing an additional 5,414,037 shares.
Moreover, National Bank of Canada FI raised its stake by 140.8% during the second quarter, resulting in ownership of 8,449,555 shares valued at $705,336,000. Additionally, Vantagepoint Investment Advisers LLC entered the market with a new stake in the ETF, worth approximately $365,315,000.
The iShares Core MSCI EAFE ETF, which opened at $97.02 on Tuesday, has seen its stock increase by 1.4%. The ETF’s 50-day moving average is noted at $91.43, while the 200-day moving average stands at $88.38. With a market capitalization of $165.90 billion, it has a price-to-earnings ratio of 16.18 and a beta of 0.84.
Over the past year, the iShares Core MSCI EAFE ETF has experienced a low of $66.95 and a high of $97.17. Launched on October 18, 2012, the ETF is designed to track the MSCI EAFE IMI index, which includes stocks from developed markets in Europe, Australasia, and the Far East, excluding North America. The fund is managed by BlackRock.
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