Northwestern Mutual Wealth Management Co. Sells 33,812,656 Shares of iShares Core MSCI EAFE ETF $IEFA

Northwestern Mutual Wealth Management Co. decreased its stake in shares of iShares Core MSCI EAFE ETF (BATS:IEFA) by 99.6% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 142,197 shares of the company’s stock after selling 33,812,656 shares during the period. Northwestern Mutual Wealth Management Co.’s holdings in iShares Core MSCI EAFE ETF were worth $12,721,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in IEFA. Revolve Wealth Partners LLC lifted its position in iShares Core MSCI EAFE ETF by 3.8% during the fourth quarter. Revolve Wealth Partners LLC now owns 551,668 shares of the company’s stock valued at $38,771,000 after purchasing an additional 19,941 shares during the period. First Trust Advisors LP bought a new position in iShares Core MSCI EAFE ETF in the second quarter worth approximately $238,000. Gamco Investors INC. ET AL bought a new position in iShares Core MSCI EAFE ETF in the second quarter worth approximately $1,160,000. Bank of Nova Scotia bought a new position in iShares Core MSCI EAFE ETF in the second quarter worth approximately $217,000. Finally, Squarepoint Ops LLC bought a new position in iShares Core MSCI EAFE ETF in the second quarter worth approximately $2,102,000.

iShares Core MSCI EAFE ETF Trading Up 0.4%

IEFA opened at $97.30 on Friday. iShares Core MSCI EAFE ETF has a 1-year low of $79.82 and a 1-year high of $98.83. The company has a market capitalization of $166.38 billion, a PE ratio of 16.18 and a beta of 0.84. The firm’s 50 day simple moving average is $93.66 and its two-hundred day simple moving average is $92.39.

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.