Lake Street Private Wealth LLC Reduces Stake in iShares Core MSCI EAFE ETF

Lake Street Private Wealth LLC has significantly decreased its investment in the iShares Core MSCI EAFE ETF, which is traded on BATS under the symbol IEFA. According to their latest Form 13F filing with the Securities and Exchange Commission, they reduced their holdings by 56.4% during the third quarter of the year. Following this reduction, the firm now owns 5,249 shares, having sold 6,800 shares in the last quarter. As per the most recent filing details, the value of Lake Street's investment in the iShares Core MSCI EAFE ETF stands at approximately $410,000.

Additionally, several other institutional investors have also adjusted their positions in the ETF recently. For example, Litman Gregory Wealth Management LLC increased its holdings by 15.8% during the third quarter. Now, they own 34,111 shares valued at around $2,662,000 after adding 4,657 shares during the period. Similarly, Altus Wealth Group LLC raised its stake by 72.2%, possessing 5,687 shares valued at $444,000 after acquiring 2,385 additional shares.

Moreover, Greenleaf Trust has grown its investment in the ETF by 1.8%, bringing their total shares to 2,822,728, which amounts to a value of $220,314,000 after purchasing 51,094 shares. Marietta Wealth Management LLC also increased its holdings by 3.0%, owning 190,415 shares valued at around $14,862,000 after acquiring 5,573 more shares. Finally, Private Advisor Group LLC boosted its position by 2.4%, owning 355,615 shares with a value of approximately $27,754,000 following an increase of 8,303 shares.

Stock Performance of iShares Core MSCI EAFE ETF

The iShares Core MSCI EAFE ETF, identified by the ticker IEFA, traded at $74.21 when the market opened on Thursday. The ETF has a 50-day moving average price of $76.30 and a 200-day moving average of $74.51. The total market capitalization stands at $116.51 billion. The ETF has a price-to-earnings (P/E) ratio of 14.38 and a beta value of 0.82. Over the past year, the ETF reached a low of $56.55 and a high of $70.84.

About iShares Core MSCI EAFE ETF

The iShares Core MSCI EAFE ETF (IEFA) is an exchange-traded fund that follows the MSCI EAFE IMI index. This index includes developed-market stocks from Europe, Australasia, and the Far East, excluding North American stocks. The ETF was launched on October 18, 2012, and is managed by BlackRock.

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