Sowell Financial Services LLC Buys New Shares in iShares MSCI EAFE Growth ETF $EFG

Sowell Financial Services LLC purchased a new stake in iShares MSCI EAFE Growth ETF (BATS:EFG) during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 14,436 shares of the company’s stock, valued at approximately $1,730,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of EFG. Evergreen Capital Management LLC acquired a new stake in iShares MSCI EAFE Growth ETF in the 3rd quarter valued at $1,212,000. Farmers & Merchants Investments Inc. bought a new stake in iShares MSCI EAFE Growth ETF during the 3rd quarter valued at $433,000. Wedbush Securities Inc. acquired a new position in iShares MSCI EAFE Growth ETF during the third quarter worth $1,287,000. Sterling Capital Management LLC acquired a new position in iShares MSCI EAFE Growth ETF during the third quarter worth $5,826,000. Finally, WASHINGTON TRUST Co bought a new position in shares of iShares MSCI EAFE Growth ETF in the third quarter valued at $703,000.

iShares MSCI EAFE Growth ETF Trading Down 1.6%

iShares MSCI EAFE Growth ETF stock opened at $118.55 on Friday. The firm has a market capitalization of $13.94 billion, a price-to-earnings ratio of 24.98 and a beta of 0.96. The firm’s fifty day moving average price is $121.07 and its two-hundred day moving average price is $120.33. iShares MSCI EAFE Growth ETF has a 1-year low of $107.17 and a 1-year high of $127.44.

iShares MSCI EAFE Growth ETF shares are scheduled to split on the morning of 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 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.