Sovereign Financial Group Inc. Decreases Stake in iShares MSCI EAFE Growth ETF (BATS:EFG)

Sovereign Financial Group Inc. reduced its stake in shares of iShares MSCI EAFE Growth ETF (BATS:EFG) by 43.7% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 8,165 shares of the company’s stock after selling 6,330 shares during the quarter. Sovereign Financial Group Inc.’s holdings in iShares MSCI EAFE Growth ETF were worth $791,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of EFG. Phillips Financial Management LLC purchased a new stake in iShares MSCI EAFE Growth ETF during the fourth quarter worth $25,000. Wetzel Investment Advisors Inc. purchased a new position in iShares MSCI EAFE Growth ETF during the 4th quarter valued at about $25,000. Dividend Assets Capital LLC acquired a new position in iShares MSCI EAFE Growth ETF during the third quarter worth about $26,000. Headlands Technologies LLC acquired a new position in iShares MSCI EAFE Growth ETF during the third quarter worth about $28,000. Finally, Ruedi Wealth Management Inc. acquired a new stake in shares of iShares MSCI EAFE Growth ETF in the fourth quarter valued at approximately $28,000.

iShares MSCI EAFE Growth ETF Price Performance

iShares MSCI EAFE Growth ETF stock traded up $0.03 during mid-day trading on Wednesday, hitting $102.19. 257,824 shares of the company were exchanged. iShares MSCI EAFE Growth ETF has a 12-month low of $67.58 and a 12-month high of $85.81. The company has a market capitalization of $12.02 billion, a P/E ratio of 24.36 and a beta of 0.97. The business’s 50 day simple moving average is $101.73 and its two-hundred day simple moving average is $96.66.

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.