Horst & Graben Wealth Management LLC Sells 8,429 Shares of iShares MSCI EAFE Growth ETF (BATS:EFG)

On October 22, 2024, it was reported that Horst & Graben Wealth Management LLC has decreased its stake in the iShares MSCI EAFE Growth ETF (BATS:EFG) by 4.2% during the third quarter of the year. According to the firm's latest Form 13F filing with the Securities and Exchange Commission, the firm now holds 193,019 shares after selling 8,429 shares in the recent quarter. This ETF now makes up about 3.7% of Horst & Graben's overall investment portfolio, ranking it as their 8th largest holding. At the conclusion of the latest reporting period, the firm’s investments in the iShares MSCI EAFE Growth ETF were valued at approximately $20,779,000.

In addition to Horst & Graben Wealth Management LLC, several other institutional investors have recently adjusted their positions in the iShares MSCI EAFE Growth ETF. Notably, Northwest Investment Counselors LLC initiated a new investment in the ETF valued at $51,000 during the third quarter. Meanwhile, Marino Stram & Associates LLC also acquired a new stake valued at about $207,000 during the same period. Triad Wealth Partners LLC significantly increased its holdings in the ETF by an astonishing 15,270.6%, now owning 30,280 shares valued at $3,260,000 after adding 30,083 shares. Koss Olinger Consulting LLC raised its position in the ETF by 0.6%, bringing its total to 108,836 shares worth around $11,716,000 after purchasing an additional 670 shares. Lastly, Midwest Heritage Bank FSB boosted its ownership in iShares MSCI EAFE Growth ETF by 3.9%, resulting in a total of 6,510 shares valued at about $701,000 after acquiring 244 more shares in the last quarter.

Current Performance of iShares MSCI EAFE Growth ETF

The iShares MSCI EAFE Growth ETF was trading at $103.93 on a recent Tuesday. The ETF has a market capitalization of $12.22 billion and a price-to-earnings (P/E) ratio of 24.36 with a beta of 0.97. The 50-day moving average for the fund is currently $105.33, while the 200-day moving average stands at $103.32. The ETF has seen a 1-year low of $67.58 and a 1-year high of $85.81, indicating the fund's performance variability over the year.

Overview of iShares MSCI EAFE Growth ETF

The iShares MSCI EAFE Growth ETF, formerly known as iShares MSCI EAFE Growth Index Fund, is an exchange-traded fund (ETF) designed to provide investment results that generally reflect the price and yield performance of the MSCI EAFE Growth Index. This index focuses on growth companies in developed markets, specifically from Europe, Australasia, and the Far East, excluding the United States and Canada.

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