Modern Wealth Management LLC Decreases Holdings in iShares MSCI EAFE Growth ETF $EFG

Modern Wealth Management LLC lessened its position in shares of iShares MSCI EAFE Growth ETF (BATS:EFG) by 75.7% in the third quarter, Holdings Channel reports. The fund owned 7,074 shares of the company’s stock after selling 22,085 shares during the quarter. Modern Wealth Management LLC’s holdings in iShares MSCI EAFE Growth ETF were worth $806,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently bought and sold shares of EFG. Integrity Advisory Solutions LLC purchased a new position in shares of iShares MSCI EAFE Growth ETF during the 3rd quarter valued at $2,995,000. M1 Capital Management LLC boosted its holdings in iShares MSCI EAFE Growth ETF by 0.8% in the 3rd quarter. M1 Capital Management LLC now owns 29,853 shares of the company’s stock worth $3,400,000 after buying an additional 237 shares during the period. Advisory Alpha LLC increased its stake in iShares MSCI EAFE Growth ETF by 6.4% in the 3rd quarter. Advisory Alpha LLC now owns 6,281 shares of the company’s stock worth $727,000 after buying an additional 379 shares in the last quarter. JMG Financial Group Ltd. bought a new stake in iShares MSCI EAFE Growth ETF during the third quarter valued at about $390,000. Finally, Cresset Asset Management LLC raised its holdings in iShares MSCI EAFE Growth ETF by 0.9% during the third quarter. Cresset Asset Management LLC now owns 160,243 shares of the company’s stock valued at $18,248,000 after acquiring an additional 1,381 shares during the period.

iShares MSCI EAFE Growth ETF Trading Up 0.8%

BATS EFG opened at $115.83 on Tuesday. The stock’s 50 day moving average is $119.34 and its 200 day moving average is $115.88. iShares MSCI EAFE Growth ETF has a 12 month low of $88.66 and a 12 month high of $123.63. The stock has a market cap of $13.62 billion, a PE ratio of 24.98 and a beta of 0.96.

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.