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

Fisher Asset Management LLC has significantly reduced its investment in the iShares MSCI EAFE Growth ETF (BATS:EFG – Free Report) by 36.4% during the third quarter of the year, as reported by HoldingsChannel.com. After selling 2,191 shares, the institutional investor now holds a total of 3,822 shares in the ETF. Following this transaction, the value of Fisher Asset Management's holdings in the iShares MSCI EAFE Growth ETF is approximately $412,000, according to their latest filing with the SEC.

In addition to Fisher Asset Management, several other large investors have adjusted their positions regarding shares of the iShares MSCI EAFE Growth ETF. For instance, Davis Capital Management initiated a new investment in the ETF during the third quarter, valued at around $25,000. Evermay Wealth Management LLC experienced a substantial increase in their stake, boosting their holdings by 833.3% during the same period. This investment firm now owns 252 shares valued at approximately $27,000 after purchasing an additional 225 shares.

Other notable transactions include Viewpoint Capital Management, which acquired a new position in the ETF worth $30,000 during the third quarter. Thurston Springer Miller Herd & Titak Inc. also increased their ownership by 176.2%, now managing to hold 279 shares valued at approximately $30,000 after acquiring 178 more shares during the last quarter. Additionally, Northwest Investment Counselors LLC entered a new position in the ETF, with an investment of about $51,000.

iShares MSCI EAFE Growth ETF Performance Details

The iShares MSCI EAFE Growth ETF opened at $101.11 on Friday. As of the latest reports, the ETF maintains a market capitalization of $11.89 billion, with a price-to-earnings (P/E) ratio of 24.36 and a beta of 0.97. It has seen a one-year low of $67.58 and a one-year high of $85.81. Currently, the ETF holds a 50-day moving average of $102.83 and a 200-day moving average of $103.33.

Understanding the 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 that aims to replicate the price and yield performance of the MSCI EAFE Growth Index. This index is a subset of the broader MSCI EAFE Index and focuses on companies located in Europe, Australasia (including Australia and parts of Asia), and the Far East.

Additional Information

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ETF, Investment, Shares