iShares MSCI EAFE Growth ETF $EFG Shares Sold by Merit Financial Group LLC

Merit Financial Group LLC lessened its holdings in shares of iShares MSCI EAFE Growth ETF (BATS:EFG) by 71.9% during the 3rd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 155,659 shares of the company’s stock after selling 398,058 shares during the period. Merit Financial Group LLC owned 0.13% of iShares MSCI EAFE Growth ETF worth $17,726,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. Envestnet Asset Management Inc. increased its stake in iShares MSCI EAFE Growth ETF by 0.6% in the second quarter. Envestnet Asset Management Inc. now owns 16,920,944 shares of the company’s stock valued at $1,895,108,000 after purchasing an additional 108,211 shares during the last quarter. Jane Street Group LLC boosted its holdings in shares of 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 buying an additional 2,185,348 shares in the last quarter. Park Avenue Securities LLC grew its position in shares of iShares MSCI EAFE Growth ETF by 1.1% in the 2nd quarter. Park Avenue Securities LLC now owns 1,598,189 shares of the company’s stock valued at $178,997,000 after buying an additional 16,719 shares during the last quarter. MML Investors Services LLC raised its stake in iShares MSCI EAFE Growth ETF by 8.0% during the 2nd quarter. MML Investors Services LLC now owns 1,333,981 shares of the company’s stock worth $149,406,000 after acquiring an additional 99,158 shares in the last quarter. Finally, Cetera Investment Advisers lifted its position in iShares MSCI EAFE Growth ETF by 5.0% in the second quarter. Cetera Investment Advisers now owns 1,315,205 shares of the company’s stock valued at $147,303,000 after acquiring an additional 62,786 shares during the last quarter.

iShares MSCI EAFE Growth ETF Price Performance

BATS EFG opened at $114.45 on Wednesday. The company has a fifty day moving average of $114.31 and a two-hundred day moving average of $112.75. The company has a market capitalization of $13.46 billion, a PE ratio of 24.98 and a beta of 0.96. iShares MSCI EAFE Growth ETF has a 1 year low of $88.66 and a 1 year high of $113.16.

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.