Focus Financial Network Inc. Sells 7,551 Shares of iShares MSCI EAFE Growth ETF $EFG

Focus Financial Network Inc. trimmed its position in iShares MSCI EAFE Growth ETF (BATS:EFG) by 31.8% in the third quarter, HoldingsChannel.com reports. The firm owned 16,177 shares of the company’s stock after selling 7,551 shares during the period. Focus Financial Network Inc.’s holdings in iShares MSCI EAFE Growth ETF were worth $1,938,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. First Bancorp Inc ME bought a new position in shares of iShares MSCI EAFE Growth ETF in the second quarter valued at approximately $27,000. Bangor Savings Bank acquired a new stake in shares of iShares MSCI EAFE Growth ETF during the 3rd quarter worth approximately $27,000. Signature Equity Partners LLC increased its holdings in iShares MSCI EAFE Growth ETF by 1,147.4% in the first quarter. Signature Equity Partners LLC now owns 237 shares of the company’s stock valued at $26,000 after purchasing an additional 218 shares during the last quarter. Coastline Trust Co acquired a new stake in iShares MSCI EAFE Growth ETF in the third quarter worth $34,000. Finally, Wellington Grp LLC raised its stake in iShares MSCI EAFE Growth ETF by 125.9% during the 1st quarter. Wellington Grp LLC now owns 332 shares of the company’s stock worth $37,000 after buying an additional 185 shares during the period.

iShares MSCI EAFE Growth ETF Trading Down 0.9%

EFG stock opened at $118.47 on Thursday. The stock has a market cap of $13.93 billion, a PE ratio of 24.98 and a beta of 0.96. iShares MSCI EAFE Growth ETF has a 1 year low of $107.17 and a 1 year high of $127.44. The stock has a 50-day moving average price of $122.70 and a two-hundred day moving average price of $121.28.

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

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.