Forte Asset Management LLC Increases Position in iShares Core MSCI EAFE ETF $IEFA

Forte Asset Management LLC lifted its holdings in iShares Core MSCI EAFE ETF (BATS:IEFA) by 107.9% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 16,764 shares of the company’s stock after purchasing an additional 8,700 shares during the period. Forte Asset Management LLC’s holdings in iShares Core MSCI EAFE ETF were worth $1,399,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently modified their holdings of the business. Jones Financial Companies Lllp increased its stake in iShares Core MSCI EAFE ETF by 0.7% during the 1st quarter. Jones Financial Companies Lllp now owns 89,235,188 shares of the company’s stock worth $6,815,663,000 after buying an additional 663,730 shares in the last quarter. Raymond James Financial Inc. boosted its holdings in shares of iShares Core MSCI EAFE ETF by 0.7% during the 1st quarter. Raymond James Financial Inc. now owns 37,782,854 shares of the company’s stock worth $2,858,273,000 after purchasing an additional 258,589 shares during the last quarter. US Bancorp DE boosted its holdings in shares of iShares Core MSCI EAFE ETF by 0.7% during the 2nd quarter. US Bancorp DE now owns 34,386,264 shares of the company’s stock worth $2,870,592,000 after purchasing an additional 239,082 shares during the last quarter. Northwestern Mutual Wealth Management Co. boosted its holdings in shares of iShares Core MSCI EAFE ETF by 5.1% during the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 34,156,332 shares of the company’s stock worth $2,583,926,000 after purchasing an additional 1,668,799 shares during the last quarter. Finally, Bank of New York Mellon Corp boosted its holdings in shares of iShares Core MSCI EAFE ETF by 7.2% during the 1st quarter. Bank of New York Mellon Corp now owns 32,276,425 shares of the company’s stock worth $2,441,712,000 after purchasing an additional 2,175,194 shares during the last quarter.

iShares Core MSCI EAFE ETF Price Performance

Shares of iShares Core MSCI EAFE ETF stock opened at $88.71 on Friday. The stock has a market cap of $151.69 billion, a P/E ratio of 16.18 and a beta of 0.84. The stock’s 50 day simple moving average is $86.97 and its 200-day simple moving average is $83.27. iShares Core MSCI EAFE ETF has a 1-year low of $66.95 and a 1-year high of $87.36.

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.