Betterment LLC Reduces Position in iShares Core MSCI EAFE ETF (BATS:IEFA)

Betterment LLC reduced its position in shares of iShares Core MSCI EAFE ETF (BATS:IEFA) by 0.1% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 11,366,549 shares of the company’s stock after selling 6,139 shares during the period. iShares Core MSCI EAFE ETF makes up 1.9% of Betterment LLC’s portfolio, making the stock its 12th biggest holding. Betterment LLC owned about 0.72% of iShares Core MSCI EAFE ETF worth $798,841,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. Jones Financial Companies Lllp increased its position in shares of iShares Core MSCI EAFE ETF by 1.3% during the 4th quarter. Jones Financial Companies Lllp now owns 88,571,458 shares of the company’s stock valued at $6,224,802,000 after purchasing an additional 1,150,886 shares during the last quarter. Wells Fargo & Company MN grew its position in iShares Core MSCI EAFE ETF by 5.4% during the fourth quarter. Wells Fargo & Company MN now owns 65,745,847 shares of the company’s stock valued at $4,620,618,000 after acquiring an additional 3,362,038 shares during the last quarter. TIAA Trust National Association raised its stake in shares of iShares Core MSCI EAFE ETF by 4.9% during the fourth quarter. TIAA Trust National Association now owns 55,081,925 shares of the company’s stock worth $3,872,502,000 after acquiring an additional 2,594,394 shares in the last quarter. LPL Financial LLC lifted its holdings in shares of iShares Core MSCI EAFE ETF by 7.0% in the 4th quarter. LPL Financial LLC now owns 38,824,556 shares of the company’s stock worth $2,728,590,000 after acquiring an additional 2,548,622 shares during the last quarter. Finally, Raymond James Financial Inc. purchased a new stake in shares of iShares Core MSCI EAFE ETF in the 4th quarter valued at $2,637,205,000.

iShares Core MSCI EAFE ETF Stock Up 11.9 %

iShares Core MSCI EAFE ETF stock opened at $78.09 on Friday. The firm has a fifty day simple moving average of $75.53 and a two-hundred day simple moving average of $74.00. iShares Core MSCI EAFE ETF has a twelve month low of $66.95 and a twelve month high of $78.95. The company has a market capitalization of $131.96 billion, a PE ratio of 15.62 and a beta of 0.82.

iShares Core MSCI EAFE ETF Company 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.