MTC Wealth Management LLC Sells 6,408 Shares of iShares Core MSCI EAFE ETF $IEFA

MTC Wealth Management LLC lessened its holdings in shares of iShares Core MSCI EAFE ETF (BATS:IEFA) by 2.5% during the 2nd quarter, HoldingsChannel reports. The firm owned 253,195 shares of the company’s stock after selling 6,408 shares during the period. iShares Core MSCI EAFE ETF comprises approximately 10.2% of MTC Wealth Management LLC’s holdings, making the stock its 3rd biggest position. MTC Wealth Management LLC’s holdings in iShares Core MSCI EAFE ETF were worth $21,137,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Cypress Wealth Services LLC boosted its stake in iShares Core MSCI EAFE ETF by 1.2% during the 2nd quarter. Cypress Wealth Services LLC now owns 10,498 shares of the company’s stock worth $876,000 after purchasing an additional 127 shares during the last quarter. MBA Advisors LLC boosted its stake in iShares Core MSCI EAFE ETF by 2.3% during the second quarter. MBA Advisors LLC now owns 5,730 shares of the company’s stock worth $478,000 after buying an additional 130 shares during the last quarter. Kingsman Wealth Management Inc. boosted its stake in iShares Core MSCI EAFE ETF by 1.8% during the second quarter. Kingsman Wealth Management Inc. now owns 7,480 shares of the company’s stock worth $624,000 after buying an additional 134 shares during the last quarter. Salem Investment Counselors Inc. boosted its stake in iShares Core MSCI EAFE ETF by 1.1% during the second quarter. Salem Investment Counselors Inc. now owns 12,109 shares of the company’s stock worth $1,011,000 after buying an additional 137 shares during the last quarter. Finally, RCS Financial Planning LLC boosted its stake in iShares Core MSCI EAFE ETF by 1.5% during the second quarter. RCS Financial Planning LLC now owns 9,555 shares of the company’s stock worth $798,000 after buying an additional 143 shares during the last quarter.

iShares Core MSCI EAFE ETF Stock Performance

BATS IEFA opened at $88.84 on Tuesday. The stock’s fifty day moving average is $86.75 and its two-hundred day moving average is $82.65. The firm has a market capitalization of $151.91 billion, a P/E ratio of 16.18 and a beta of 0.84. iShares Core MSCI EAFE ETF has a fifty-two week low of $66.95 and a fifty-two week high of $87.36.

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.