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% in the latest quarter. According to a recent 13F filing with the Securities and Exchange Commission, the firm now holds a total of 193,019 shares after selling 8,429 shares during the third quarter. This ETF accounts for approximately 3.7% of Horst & Graben's overall portfolio, making it their eighth largest investment. At the end of the quarter, their holdings in this ETF had a value of $20,779,000.

Other institutional investors have also adjusted their positions in the iShares MSCI EAFE Growth ETF recently. For instance, Northwest Investment Counselors LLC has taken a new position valued at $51,000 in the third quarter. Marino Stram & Associates LLC has acquired shares worth about $207,000, marking their entry into this investment. Triad Wealth Partners LLC significantly increased its position by 15,270.6%, now owning 30,280 shares after adding an additional 30,083 shares to their holdings. Additionally, Koss Olinger Consulting LLC boosted their stake by 0.6%, currently owning 108,836 shares valued at $11,716,000. Meanwhile, Midwest Heritage Bank FSB increased its holdings by 3.9%, now possessing 6,510 shares worth $701,000.

Current Performance of iShares MSCI EAFE Growth ETF

The iShares MSCI EAFE Growth ETF experienced a 1.1% decline, opening at $103.93 on the trading day. The ETF has a market capitalization of $12.22 billion, a price-to-earnings ratio of 24.36, and a beta of 0.97. The 50-day moving average stands at $105.33 while the 200-day moving average is at $103.32. Over the past year, the ETF has seen a low of $67.58 and a high of $85.81.

Overview of iShares MSCI EAFE Growth ETF

The iShares MSCI EAFE Growth ETF, previously known as the iShares MSCI EAFE Growth Index Fund, is an exchange-traded fund that aims to track investment results that correspond to the performance of the MSCI EAFE Growth Index. This Index focuses on growth-oriented companies in markets across Europe, Australasia, and the Far East.

ETF, Investment, Selling