ETFs

Fisher Asset Management LLC Reduces Stake in iShares MSCI EAFE Growth ETF

Published December 1, 2024

Fisher Asset Management LLC has decreased its investment in the iShares MSCI EAFE Growth ETF (BATS:EFG) by 36.4% during the third quarter of the year, according to recent reports. This institutional investor now owns 3,822 shares of the ETF after selling 2,191 shares throughout the quarter. Fisher Asset Management LLC's holdings in the iShares MSCI EAFE Growth ETF were valued at approximately $412,000 based on its latest filing with the SEC.

In addition to Fisher Asset Management, several other institutional investors have also made adjustments to their positions in the iShares MSCI EAFE Growth ETF. For instance, Davis Capital Management acquired a new position in the ETF valued at around $25,000 during the third quarter. Meanwhile, Evermay Wealth Management LLC significantly increased its stake by 833.3%, now holding 252 shares worth $27,000 after purchasing an additional 225 shares in the period. Viewpoint Capital Management LLC also entered a new investment in the ETF, valued at $30,000. Another investor, Thurston Springer Miller Herd & Titak Inc., raised its holdings by 176.2%, now owning 279 shares valued at $30,000 after an increase of 178 shares in the last quarter. Lastly, Northwest Investment Counselors LLC bought a new stake in the iShares MSCI EAFE Growth ETF worth about $51,000 in the third quarter.

Performance Overview of iShares MSCI EAFE Growth ETF

The iShares MSCI EAFE Growth ETF opened at $101.11 on Friday and has a market capitalization of approximately $11.89 billion. The ETF has a price-to-earnings (P/E) ratio of 24.36 and a beta of 0.97, indicating its volatility in relation to the overall market. Over the past year, the ETF has experienced a low of $67.58 and a high of $85.81. Currently, it has a 50-day moving average of $102.83 and a 200-day moving average of $103.33.

Insights on iShares MSCI EAFE Growth ETF

The iShares MSCI EAFE Growth ETF, formerly known as the iShares MSCI EAFE Growth Index Fund, is an exchange-traded fund (ETF) that aims to provide investment results that generally correspond to the price and yield performance of the MSCI EAFE Growth Index. This index is a subset of the MSCI EAFE Index, which comprises securities from regions across Europe, Australasia (including Australia and Asia), and the Far East.

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Interested in More Hedge Fund Holdings in EFG? Check out the latest 13F filings and insider trades for the iShares MSCI EAFE Growth ETF.

investment, ETF, market