Merit Financial Group LLC Sells 57,610 Shares of iShares Core MSCI EAFE ETF $IEFA

Merit Financial Group LLC trimmed its stake in shares of iShares Core MSCI EAFE ETF (BATS:IEFA) by 8.3% in the third quarter, according to the company in its most recent filing with the SEC. The firm owned 639,047 shares of the company’s stock after selling 57,610 shares during the quarter. Merit Financial Group LLC’s holdings in iShares Core MSCI EAFE ETF were worth $55,795,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of the stock. 3Chopt Investment Partners LLC increased its position in shares of iShares Core MSCI EAFE ETF by 0.7% in the third quarter. 3Chopt Investment Partners LLC now owns 30,104 shares of the company’s stock worth $2,628,000 after purchasing an additional 212 shares during the period. Calamos Wealth Management LLC increased its holdings in iShares Core MSCI EAFE ETF by 3.9% in the 3rd quarter. Calamos Wealth Management LLC now owns 109,493 shares of the company’s stock valued at $9,560,000 after buying an additional 4,088 shares during the period. Calamos Advisors LLC bought a new position in iShares Core MSCI EAFE ETF in the 3rd quarter valued at about $207,000. Single Point Partners LLC lifted its holdings in shares of iShares Core MSCI EAFE ETF by 3.9% during the 3rd quarter. Single Point Partners LLC now owns 210,809 shares of the company’s stock worth $18,406,000 after acquiring an additional 7,925 shares during the period. Finally, Sax Wealth Advisors LLC increased its stake in iShares Core MSCI EAFE ETF by 12.3% in the third quarter. Sax Wealth Advisors LLC now owns 31,127 shares of the company’s stock valued at $2,718,000 after acquiring an additional 3,415 shares during the last quarter.

iShares Core MSCI EAFE ETF Price Performance

Shares of IEFA opened at $97.28 on Tuesday. The firm has a 50 day simple moving average of $92.26 and a two-hundred day simple moving average of $88.88. iShares Core MSCI EAFE ETF has a one year low of $66.95 and a one year high of $98.24. The company has a market cap of $166.35 billion, a P/E ratio of 16.18 and a beta of 0.84.

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.