Empirical Asset Management LLC Trims Stake in iShares MSCI EAFE Growth ETF $EFG

Empirical Asset Management LLC lowered its position in iShares MSCI EAFE Growth ETF (BATS:EFG) by 18.1% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 3,020 shares of the company’s stock after selling 669 shares during the quarter. Empirical Asset Management LLC’s holdings in iShares MSCI EAFE Growth ETF were worth $338,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Jane Street Group LLC raised its stake in shares of iShares MSCI EAFE Growth ETF by 2,387.5% in the first quarter. Jane Street Group LLC now owns 2,276,882 shares of the company’s stock valued at $227,688,000 after acquiring an additional 2,185,348 shares during the period. Flow Traders U.S. LLC purchased a new stake in shares of iShares MSCI EAFE Growth ETF in the first quarter valued at $181,715,000. Park Avenue Securities LLC raised its stake in shares of iShares MSCI EAFE Growth ETF by 1.1% in the second quarter. Park Avenue Securities LLC now owns 1,598,189 shares of the company’s stock valued at $178,997,000 after acquiring an additional 16,719 shares during the period. OLD Mission Capital LLC purchased a new stake in shares of iShares MSCI EAFE Growth ETF in the first quarter valued at $93,474,000. Finally, Janney Montgomery Scott LLC raised its stake in shares of iShares MSCI EAFE Growth ETF by 0.6% in the second quarter. Janney Montgomery Scott LLC now owns 929,210 shares of the company’s stock valued at $104,072,000 after acquiring an additional 5,963 shares during the period.

iShares MSCI EAFE Growth ETF Price Performance

EFG stock opened at $116.22 on Friday. The company has a market capitalization of $13.67 billion, a PE ratio of 24.98 and a beta of 0.96. iShares MSCI EAFE Growth ETF has a 12 month low of $88.66 and a 12 month high of $113.16. The firm’s 50-day moving average is $113.12 and its 200 day moving average is $108.84.

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.