Hobbs Wealth Management LLC Sells 27,206 Shares of iShares MSCI EAFE Growth ETF $EFG

Hobbs Wealth Management LLC trimmed its stake in iShares MSCI EAFE Growth ETF (BATS:EFG) by 75.4% during the third quarter, Holdings Channel reports. The fund owned 8,857 shares of the company’s stock after selling 27,206 shares during the period. iShares MSCI EAFE Growth ETF makes up approximately 0.8% of Hobbs Wealth Management LLC’s portfolio, making the stock its 22nd largest position. Hobbs Wealth Management LLC’s holdings in iShares MSCI EAFE Growth ETF were worth $1,009,000 at the end of the most recent reporting period.

Other large investors also recently added to or reduced their stakes in the company. Charles Schwab Investment Management Inc. raised its position in shares of iShares MSCI EAFE Growth ETF by 94.0% in the second quarter. Charles Schwab Investment Management Inc. now owns 870,647 shares of the company’s stock worth $97,512,000 after buying an additional 421,923 shares in the last quarter. Laurel Wealth Advisors LLC grew its stake in shares of iShares MSCI EAFE Growth ETF by 11,098.1% in the second quarter. Laurel Wealth Advisors LLC now owns 359,234 shares of the company’s stock worth $40,234,000 after purchasing an additional 356,026 shares during the last quarter. Itau Unibanco Holding S.A. purchased a new position in iShares MSCI EAFE Growth ETF during the 2nd quarter valued at about $28,034,000. Sagespring Wealth Partners LLC increased its stake in shares of iShares MSCI EAFE Growth ETF by 50.7% during the third quarter. Sagespring Wealth Partners LLC now owns 670,773 shares of the company’s stock valued at $76,388,000 after buying an additional 225,601 shares during the period. Finally, Goldman Sachs Group Inc. increased its position in shares of iShares MSCI EAFE Growth ETF by 34.2% during the first quarter. Goldman Sachs Group Inc. now owns 455,259 shares of the company’s stock valued at $45,526,000 after buying an additional 115,944 shares during the period.

iShares MSCI EAFE Growth ETF Price Performance

BATS:EFG opened at $117.99 on Thursday. The firm’s 50-day moving average price is $116.40 and its 200-day moving average price is $114.22. iShares MSCI EAFE Growth ETF has a 1-year low of $88.66 and a 1-year high of $113.16. The company has a market capitalization of $13.88 billion, a PE 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. The Fund invests in sectors, such as consumer staples, industrials, consumer discretionary, materials, healthcare, financials, information technology, energy, telecommunication services and utilities.