Park Avenue Securities LLC Decreases Position in iShares MSCI EAFE Growth ETF $EFG

Park Avenue Securities LLC lowered its stake in shares of iShares MSCI EAFE Growth ETF (BATS:EFG) by 73.9% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 417,288 shares of the company’s stock after selling 1,180,901 shares during the quarter. Park Avenue Securities LLC’s holdings in iShares MSCI EAFE Growth ETF were worth $47,521,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also modified their holdings of the stock. Envestnet Asset Management Inc. grew its stake in iShares MSCI EAFE Growth ETF by 0.6% during the 2nd quarter. Envestnet Asset Management Inc. now owns 16,920,944 shares of the company’s stock worth $1,895,108,000 after purchasing an additional 108,211 shares in the last quarter. Jane Street Group LLC raised its position in iShares MSCI EAFE Growth ETF by 2,387.5% in the 1st quarter. Jane Street Group LLC now owns 2,276,882 shares of the company’s stock valued at $227,688,000 after purchasing an additional 2,185,348 shares in the last quarter. MML Investors Services LLC boosted its stake in shares of iShares MSCI EAFE Growth ETF by 8.0% in the 2nd quarter. MML Investors Services LLC now owns 1,333,981 shares of the company’s stock valued at $149,406,000 after buying an additional 99,158 shares during the period. Cetera Investment Advisers grew its position in shares of iShares MSCI EAFE Growth ETF by 5.0% during the second quarter. Cetera Investment Advisers now owns 1,315,205 shares of the company’s stock worth $147,303,000 after buying an additional 62,786 shares in the last quarter. Finally, Ameriprise Financial Inc. grew its position in shares of iShares MSCI EAFE Growth ETF by 1.1% during the second quarter. Ameriprise Financial Inc. now owns 1,242,079 shares of the company’s stock worth $138,664,000 after buying an additional 13,888 shares in the last quarter.

iShares MSCI EAFE Growth ETF Stock Performance

EFG stock opened at $117.98 on Wednesday. The company’s 50 day moving average price is $114.19 and its 200 day moving average price is $113.00. The firm has a market capitalization of $13.87 billion, a price-to-earnings ratio of 24.98 and a beta of 0.96. iShares MSCI EAFE Growth ETF has a fifty-two week low of $88.66 and a fifty-two week high of $113.16.

iShares MSCI EAFE Growth ETF Profile

iShares MSCI EAFE Growth ETF (the Fund), formerly iShares MSCI EAFE Growth Index Fund, is an exchange-traded fund (ETF). The Fund seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the MSCI EAFE Growth Index (the Index). The Index is a subset of the MSCI EAFE Index and constituents of the Index include securities from Europe, Australasia (Australia and Asia), and the Far East. The Fund invests in sectors, such as consumer staples, industrials, consumer discretionary, materials, healthcare, financials, information technology, energy, telecommunication services and utilities.