Optivise Advisory Services LLC Lowers Holdings in iShares MSCI EAFE Growth ETF (BATS:EFG)

Optivise Advisory Services LLC decreased its stake in iShares MSCI EAFE Growth ETF (BATS:EFG) by 8.0% during the first quarter, Holdings Channel reports. The institutional investor owned 9,258 shares of the company’s stock after selling 808 shares during the quarter. Optivise Advisory Services LLC’s holdings in iShares MSCI EAFE Growth ETF were worth $926,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also recently modified their holdings of EFG. Hazlett Burt & Watson Inc. boosted its position in iShares MSCI EAFE Growth ETF by 7.8% during the fourth quarter. Hazlett Burt & Watson Inc. now owns 1,676 shares of the company’s stock worth $162,000 after purchasing an additional 121 shares in the last quarter. Eagle Strategies LLC boosted its position in iShares MSCI EAFE Growth ETF by 5.6% during the fourth quarter. Eagle Strategies LLC now owns 2,360 shares of the company’s stock worth $229,000 after purchasing an additional 125 shares in the last quarter. Fortis Capital Advisors LLC boosted its position in iShares MSCI EAFE Growth ETF by 7.0% during the fourth quarter. Fortis Capital Advisors LLC now owns 2,272 shares of the company’s stock worth $244,000 after purchasing an additional 149 shares in the last quarter. Hudson Portfolio Management LLC boosted its position in iShares MSCI EAFE Growth ETF by 8.1% during the fourth quarter. Hudson Portfolio Management LLC now owns 2,070 shares of the company’s stock worth $200,000 after purchasing an additional 155 shares in the last quarter. Finally, Stage Harbor Financial LLC boosted its position in iShares MSCI EAFE Growth ETF by 7.2% during the fourth quarter. Stage Harbor Financial LLC now owns 2,376 shares of the company’s stock worth $230,000 after purchasing an additional 159 shares in the last quarter.

iShares MSCI EAFE Growth ETF Trading Up 12.7%

Shares of EFG stock opened at $108.31 on Wednesday. The company has a market capitalization of $12.87 billion, a P/E ratio of 26.10 and a beta of 0.96. The business’s 50 day moving average is $105.98 and its two-hundred day moving average is $102.61. iShares MSCI EAFE Growth ETF has a 12-month low of $88.66 and a 12-month high of $112.18.

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.