Kaydan Wealth Management Inc. Reduces Position in iShares Core MSCI EAFE ETF (BATS:IEFA)

Kaydan Wealth Management Inc. trimmed its holdings in iShares Core MSCI EAFE ETF (BATS:IEFA) by 85.1% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 35,752 shares of the company’s stock after selling 203,933 shares during the quarter. iShares Core MSCI EAFE ETF comprises approximately 0.8% of Kaydan Wealth Management Inc.’s portfolio, making the stock its 21st largest holding. Kaydan Wealth Management Inc.’s holdings in iShares Core MSCI EAFE ETF were worth $2,513,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. Stairway Partners LLC acquired a new stake in iShares Core MSCI EAFE ETF during the third quarter worth about $219,879,000. Bank of Montreal Can increased its holdings in shares of iShares Core MSCI EAFE ETF by 24.4% during the 2nd quarter. Bank of Montreal Can now owns 10,859,322 shares of the company’s stock worth $793,599,000 after buying an additional 2,129,111 shares during the last quarter. Sanctuary Advisors LLC purchased a new stake in shares of iShares Core MSCI EAFE ETF during the 2nd quarter valued at approximately $131,293,000. Nationwide Fund Advisors acquired a new position in iShares Core MSCI EAFE ETF in the third quarter valued at approximately $124,196,000. Finally, LPL Financial LLC increased its stake in iShares Core MSCI EAFE ETF by 4.3% during the third quarter. LPL Financial LLC now owns 36,275,934 shares of the company’s stock worth $2,831,337,000 after acquiring an additional 1,506,562 shares during the last quarter.

iShares Core MSCI EAFE ETF Stock Up 2.2 %

BATS:IEFA opened at $71.34 on Monday. iShares Core MSCI EAFE ETF has a 52 week low of $56.55 and a 52 week high of $70.84. The stock’s fifty day moving average is $71.90 and its two-hundred day moving average is $73.98. The company has a market capitalization of $112.00 billion, a P/E ratio of 14.38 and a beta of 0.82.

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.