iShares MSCI EAFE Growth ETF $EFG Stock: TSA Wealth Managment LLC Trims Position

TSA Wealth Managment LLC trimmed its holdings in iShares MSCI EAFE Growth ETF (BATS:EFG) by 47.2% during the third quarter, Holdings Channel reports. The institutional investor owned 22,306 shares of the company’s stock after selling 19,947 shares during the period. TSA Wealth Managment LLC’s holdings in iShares MSCI EAFE Growth ETF were worth $2,673,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Envestnet Asset Management Inc. increased its stake in shares of iShares MSCI EAFE Growth ETF by 5.4% during the 2nd quarter. Envestnet Asset Management Inc. now owns 23,610,616 shares of the company’s stock valued at $2,937,631,000 after acquiring an additional 1,210,805 shares during the last quarter. Bank of America Corp DE increased its position in iShares MSCI EAFE Growth ETF by 35.0% during the first quarter. Bank of America Corp DE now owns 4,708,538 shares of the company’s stock worth $524,390,000 after purchasing an additional 1,221,082 shares during the last quarter. Cetera Investment Advisers raised its stake in iShares MSCI EAFE Growth ETF by 125.2% during the first quarter. Cetera Investment Advisers now owns 2,208,206 shares of the company’s stock worth $245,928,000 after purchasing an additional 1,227,595 shares during the period. Envestnet Portfolio Solutions Inc. raised its stake in iShares MSCI EAFE Growth ETF by 2.8% during the second quarter. Envestnet Portfolio Solutions Inc. now owns 1,892,107 shares of the company’s stock worth $235,416,000 after purchasing an additional 52,153 shares during the period. Finally, Bank of New York Mellon Corp raised its stake in iShares MSCI EAFE Growth ETF by 166.6% during the first quarter. Bank of New York Mellon Corp now owns 1,472,363 shares of the company’s stock worth $163,977,000 after purchasing an additional 920,188 shares during the period.

iShares MSCI EAFE Growth ETF Trading Down 0.6%

Shares of EFG traded down $0.71 during mid-day trading on Friday, reaching $117.75. The company had a trading volume of 526,052 shares, compared to its average volume of 1,354,357. The stock has a market cap of $13.85 billion, a price-to-earnings ratio of 24.98 and a beta of 0.96. The firm has a fifty day simple moving average of $121.68 and a 200-day simple moving average of $121.60. iShares MSCI EAFE Growth ETF has a fifty-two week low of $107.17 and a fifty-two week high of $127.44.

iShares MSCI EAFE Growth ETF’s stock is scheduled to split on Thursday, November 5th. The 3-1 split was recently announced. The newly minted shares will be payable to shareholders after the market closes on Wednesday, November 4th.

iShares MSCI EAFE Growth ETF Company 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.