JNBA Financial Advisors Reduces Stake in iShares MSCI EAFE Growth ETF $EFG

JNBA Financial Advisors trimmed its stake in iShares MSCI EAFE Growth ETF (BATS:EFG) by 8.7% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 28,740 shares of the company’s stock after selling 2,736 shares during the quarter. JNBA Financial Advisors’ holdings in iShares MSCI EAFE Growth ETF were worth $3,219,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Rice Partnership LLC bought a new stake in shares of iShares MSCI EAFE Growth ETF in the second quarter valued at approximately $28,000. Breakwater Investment Management bought a new stake in shares of iShares MSCI EAFE Growth ETF in the first quarter valued at approximately $28,000. AlphaCore Capital LLC bought a new stake in shares of iShares MSCI EAFE Growth ETF in the first quarter valued at approximately $29,000. West Financial Advisors LLC bought a new stake in shares of iShares MSCI EAFE Growth ETF in the second quarter valued at approximately $43,000. Finally, GAMMA Investing LLC raised its position in shares of iShares MSCI EAFE Growth ETF by 9,900.0% in the first quarter. GAMMA Investing LLC now owns 400 shares of the company’s stock valued at $40,000 after purchasing an additional 396 shares during the period.

iShares MSCI EAFE Growth ETF Stock Up 17.5%

BATS EFG opened at $112.90 on Friday. The company’s 50 day moving average is $112.52 and its 200-day moving average is $108.40. iShares MSCI EAFE Growth ETF has a 12-month low of $88.66 and a 12-month high of $113.16. The firm has a market cap of $13.28 billion, a P/E ratio of 24.98 and a beta of 0.96.

About iShares MSCI EAFE Growth ETF

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.