Theory Financial LLC Cuts Stake in iShares MSCI EAFE Growth ETF $EFG

Theory Financial LLC lessened its stake in iShares MSCI EAFE Growth ETF (BATS:EFG) by 85.6% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,850 shares of the company’s stock after selling 16,885 shares during the quarter. Theory Financial LLC’s holdings in iShares MSCI EAFE Growth ETF were worth $335,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently bought and sold shares of the company. Charles Schwab Investment Management Inc. lifted its stake 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 raised 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. bought a new stake in iShares MSCI EAFE Growth ETF in the 2nd quarter worth about $28,034,000. Goldman Sachs Group Inc. lifted its stake in iShares MSCI EAFE Growth ETF by 34.2% during the 1st quarter. Goldman Sachs Group Inc. now owns 455,259 shares of the company’s stock valued at $45,526,000 after acquiring an additional 115,944 shares during the period. Finally, Envestnet Asset Management Inc. boosted its holdings in shares of iShares MSCI EAFE Growth ETF by 0.6% during the 2nd quarter. Envestnet Asset Management Inc. now owns 16,920,944 shares of the company’s stock valued at $1,895,108,000 after acquiring an additional 108,211 shares during the last quarter.

iShares MSCI EAFE Growth ETF Stock Up 24.0%

Shares of EFG stock opened at $119.21 on Friday. The company has a 50 day moving average price of $114.78 and a 200-day moving average price of $113.45. iShares MSCI EAFE Growth ETF has a 52 week low of $88.66 and a 52 week high of $113.16. The firm has a market capitalization of $14.02 billion, a PE ratio of 24.98 and a beta of 0.96.

iShares MSCI EAFE Growth ETF Company 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.