Bay Harbor Wealth Management LLC Lowers Holdings in iShares MSCI EAFE Growth ETF $EFG

Bay Harbor Wealth Management LLC decreased its stake in iShares MSCI EAFE Growth ETF (BATS:EFG) by 1.8% during the second quarter, Holdings Channel reports. The institutional investor owned 48,324 shares of the company’s stock after selling 883 shares during the quarter. iShares MSCI EAFE Growth ETF makes up approximately 1.6% of Bay Harbor Wealth Management LLC’s investment portfolio, making the stock its 24th largest position. Bay Harbor Wealth Management LLC’s holdings in iShares MSCI EAFE Growth ETF were worth $5,412,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also recently modified their holdings of the company. Breakwater Investment Management purchased a new stake in shares of iShares MSCI EAFE Growth ETF in the first quarter worth about $28,000. AlphaCore Capital LLC purchased a new position in iShares MSCI EAFE Growth ETF during the first quarter worth approximately $29,000. GAMMA Investing LLC boosted its position in iShares MSCI EAFE Growth ETF by 9,900.0% during the first quarter. GAMMA Investing LLC now owns 400 shares of the company’s stock worth $40,000 after purchasing an additional 396 shares in the last quarter. Woodside Wealth Management LLC purchased a new position in iShares MSCI EAFE Growth ETF during the first quarter worth approximately $40,000. Finally, Christopher J. Hasenberg Inc purchased a new position in iShares MSCI EAFE Growth ETF during the first quarter worth approximately $42,000.

iShares MSCI EAFE Growth ETF Trading Up 21.4%

Shares of EFG stock opened at $116.66 on Friday. The company has a market capitalization of $13.72 billion, a P/E ratio of 24.98 and a beta of 0.96. The business’s 50 day moving average is $111.83 and its two-hundred day moving average is $108.03. iShares MSCI EAFE Growth ETF has a 12-month low of $88.66 and a 12-month high of $113.16.

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.