Optivise Advisory Services LLC Decreases Stock Holdings in iShares MSCI EAFE Growth ETF (BATS:EFG)

Optivise Advisory Services LLC reduced its stake in shares of iShares MSCI EAFE Growth ETF (BATS:EFG) by 8.0% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 9,258 shares of the company’s stock after selling 808 shares during the quarter. Optivise Advisory Services LLC’s holdings in iShares MSCI EAFE Growth ETF were worth $926,000 as of its most recent SEC filing.

Other hedge funds have also recently made changes to their positions in the company. Envestnet Asset Management Inc. increased its position in iShares MSCI EAFE Growth ETF by 21.3% during the 4th quarter. Envestnet Asset Management Inc. now owns 30,530,915 shares of the company’s stock valued at $2,956,309,000 after buying an additional 5,366,297 shares in the last quarter. LPL Financial LLC increased its position in iShares MSCI EAFE Growth ETF by 45.7% during the 4th quarter. LPL Financial LLC now owns 9,151,951 shares of the company’s stock valued at $886,183,000 after buying an additional 2,871,169 shares in the last quarter. JPMorgan Chase & Co. increased its position in iShares MSCI EAFE Growth ETF by 22.7% during the 4th quarter. JPMorgan Chase & Co. now owns 7,275,923 shares of the company’s stock valued at $704,528,000 after buying an additional 1,345,376 shares in the last quarter. Dynasty Wealth Management LLC acquired a new position in iShares MSCI EAFE Growth ETF during the 4th quarter valued at about $77,983,000. Finally, Bank of America Corp DE increased its position in iShares MSCI EAFE Growth ETF by 17.2% during the 4th quarter. Bank of America Corp DE now owns 5,086,477 shares of the company’s stock valued at $492,524,000 after buying an additional 747,639 shares in the last quarter.

iShares MSCI EAFE Growth ETF Stock Performance

Shares of EFG stock opened at $108.31 on Wednesday. The stock’s 50-day simple moving average is $105.98 and its 200-day simple moving average is $102.61. The firm has a market capitalization of $12.87 billion, a PE ratio of 26.10 and a beta of 0.96. iShares MSCI EAFE Growth ETF has a fifty-two week low of $88.66 and a fifty-two week high of $112.18.

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.