Truist Financial Corp Cuts Position in iShares MSCI EAFE Growth ETF $EFG

Truist Financial Corp reduced its holdings in iShares MSCI EAFE Growth ETF (BATS:EFG) by 44.3% in the third quarter, HoldingsChannel.com reports. The institutional investor owned 185,547 shares of the company’s stock after selling 147,306 shares during the period. Truist Financial Corp’s holdings in iShares MSCI EAFE Growth ETF were worth $21,130,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Bangor Savings Bank bought a new position in iShares MSCI EAFE Growth ETF in the 3rd quarter valued at $26,000. Pandora Wealth Inc. purchased a new position in shares of iShares MSCI EAFE Growth ETF in the 2nd quarter worth approximately $28,000. Rice Partnership LLC acquired a new stake in shares of iShares MSCI EAFE Growth ETF in the 2nd quarter worth $28,000. Harbor Asset Planning Inc. acquired a new stake in iShares MSCI EAFE Growth ETF in the 2nd quarter worth approximately $35,000. Finally, Cedar Mountain Advisors LLC raised its stake in iShares MSCI EAFE Growth ETF by 50.2% in the 3rd quarter. Cedar Mountain Advisors LLC now owns 317 shares of the company’s stock worth $36,000 after acquiring an additional 106 shares during the last quarter.

iShares MSCI EAFE Growth ETF Trading Up 23.9%

Shares of BATS EFG opened at $119.03 on Friday. The company has a 50 day simple moving average of $116.01 and a two-hundred day simple moving average of $114.01. The stock has a market cap of $14.00 billion, a price-to-earnings ratio of 24.98 and a beta of 0.96. iShares MSCI EAFE Growth ETF has a 12 month low of $88.66 and a 12 month high of $113.16.

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.