iShares MSCI EAFE Growth ETF $EFG Stock Sold by Fifth Third Wealth Advisors LLC

Fifth Third Wealth Advisors LLC trimmed its stake in shares of iShares MSCI EAFE Growth ETF (BATS:EFG) by 44.6% during the third quarter, Holdings Channel reports. The institutional investor owned 39,726 shares of the company’s stock after selling 32,033 shares during the period. Fifth Third Wealth Advisors LLC’s holdings in iShares MSCI EAFE Growth ETF were worth $4,760,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Envestnet Asset Management Inc. lifted its stake in shares of iShares MSCI EAFE Growth ETF by 5.4% in the 2nd quarter. Envestnet Asset Management Inc. now owns 23,610,616 shares of the company’s stock worth $2,937,631,000 after acquiring an additional 1,210,805 shares during the period. Bank of America Corp DE increased its stake in shares of iShares MSCI EAFE Growth ETF by 35.0% during the first quarter. Bank of America Corp DE now owns 4,708,538 shares of the company’s stock valued at $524,390,000 after acquiring an additional 1,221,082 shares during the period. Cetera Investment Advisers increased its stake in shares of iShares MSCI EAFE Growth ETF by 125.2% during the first quarter. Cetera Investment Advisers now owns 2,208,206 shares of the company’s stock valued at $245,928,000 after acquiring an additional 1,227,595 shares during the period. Envestnet Portfolio Solutions Inc. increased its stake in shares of iShares MSCI EAFE Growth ETF by 2.8% during the second quarter. Envestnet Portfolio Solutions Inc. now owns 1,892,107 shares of the company’s stock valued at $235,416,000 after acquiring an additional 52,153 shares during the period. Finally, Bank of New York Mellon Corp raised its holdings in iShares MSCI EAFE Growth ETF by 166.6% during the first quarter. Bank of New York Mellon Corp now owns 1,472,363 shares of the company’s stock worth $163,977,000 after purchasing an additional 920,188 shares in the last quarter.

iShares MSCI EAFE Growth ETF Price Performance

EFG opened at $117.75 on Friday. The business has a 50 day moving average price of $121.68 and a two-hundred day moving average price of $121.60. The company has a market capitalization of $13.85 billion, a price-to-earnings 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.

iShares MSCI EAFE Growth ETF shares are set to split on Thursday, November 5th. The 3-1 split was recently announced. The newly minted shares will be issued 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.