iShares Core MSCI EAFE ETF (BATS:IEFA) is Grimes & Company Inc.’s Largest Position

Grimes & Company Inc. cut its holdings in iShares Core MSCI EAFE ETF (BATS:IEFA) by 1.1% during the first quarter, Holdings Channel reports. The institutional investor owned 3,784,885 shares of the company’s stock after selling 40,698 shares during the quarter. iShares Core MSCI EAFE ETF comprises 8.6% of Grimes & Company Inc.’s investment portfolio, making the stock its biggest holding. Grimes & Company Inc.’s holdings in iShares Core MSCI EAFE ETF were worth $280,914,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also recently modified their holdings of IEFA. Wells Fargo & Company MN increased its stake in iShares Core MSCI EAFE ETF by 7.4% in the 4th quarter. Wells Fargo & Company MN now owns 56,399,935 shares of the company’s stock valued at $3,967,735,000 after purchasing an additional 3,893,711 shares in the last quarter. Cerity Partners LLC increased its position in shares of iShares Core MSCI EAFE ETF by 106.9% in the fourth quarter. Cerity Partners LLC now owns 7,510,233 shares of the company’s stock valued at $528,345,000 after buying an additional 3,879,901 shares in the last quarter. Jones Financial Companies Lllp raised its stake in shares of iShares Core MSCI EAFE ETF by 5.0% during the 4th quarter. Jones Financial Companies Lllp now owns 76,887,097 shares of the company’s stock worth $5,409,007,000 after buying an additional 3,655,216 shares during the last quarter. Quotient Wealth Partners LLC purchased a new stake in shares of iShares Core MSCI EAFE ETF in the 4th quarter worth about $179,718,000. Finally, Midland Wealth Advisors LLC acquired a new stake in iShares Core MSCI EAFE ETF in the 4th quarter valued at about $132,392,000.

iShares Core MSCI EAFE ETF Stock Performance

BATS:IEFA traded up $0.07 during mid-day trading on Friday, hitting $72.64. 7,533,346 shares of the company’s stock traded hands. The company has a market cap of $114.04 billion, a PE ratio of 14.38 and a beta of 0.82. The firm’s 50 day simple moving average is $73.92 and its 200 day simple moving average is $72.14. iShares Core MSCI EAFE ETF has a 1 year low of $56.55 and a 1 year high of $70.84.

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.