iShares MSCI EAFE Growth ETF (BATS:EFG) Shares Sold by Merit Financial Group LLC

Merit Financial Group LLC lowered its stake in iShares MSCI EAFE Growth ETF (BATS:EFG) by 32.5% during the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 101,811 shares of the company’s stock after selling 48,919 shares during the quarter. Merit Financial Group LLC owned approximately 0.08% of iShares MSCI EAFE Growth ETF worth $9,860,000 as of its most recent filing with the SEC.

Other large investors have also recently bought and sold shares of the company. Pinnacle Associates Ltd. raised its position in shares of iShares MSCI EAFE Growth ETF by 6.9% in the third quarter. Pinnacle Associates Ltd. now owns 11,586 shares of the company’s stock valued at $1,000,000 after buying an additional 743 shares during the last quarter. J.W. Cole Advisors Inc. lifted its stake in shares of iShares MSCI EAFE Growth ETF by 4.1% during the 3rd quarter. J.W. Cole Advisors Inc. now owns 25,942 shares of the company’s stock worth $2,239,000 after purchasing an additional 1,016 shares during the period. Brown Advisory Inc. lifted its stake in shares of iShares MSCI EAFE Growth ETF by 17.6% during the 3rd quarter. Brown Advisory Inc. now owns 16,510 shares of the company’s stock worth $1,425,000 after purchasing an additional 2,474 shares during the period. Kowal Investment Group LLC boosted its holdings in shares of iShares MSCI EAFE Growth ETF by 20.8% during the third quarter. Kowal Investment Group LLC now owns 3,170 shares of the company’s stock worth $274,000 after purchasing an additional 545 shares during the last quarter. Finally, Wealth Management Solutions LLC grew its position in shares of iShares MSCI EAFE Growth ETF by 28.9% in the third quarter. Wealth Management Solutions LLC now owns 5,250 shares of the company’s stock valued at $453,000 after purchasing an additional 1,178 shares during the period.

iShares MSCI EAFE Growth ETF Stock Performance

iShares MSCI EAFE Growth ETF stock traded up $1.24 during trading on Friday, hitting $101.14. The company’s stock had a trading volume of 207,831 shares. The stock’s fifty day moving average is $101.73 and its 200 day moving average is $96.25. iShares MSCI EAFE Growth ETF has a 1-year low of $67.58 and a 1-year high of $85.81. The stock has a market capitalization of $11.89 billion, a price-to-earnings ratio of 23.40 and a beta of 0.93.

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.