Summit X LLC Sells 27,999 Shares of iShares MSCI EAFE Growth ETF $EFG

Summit X LLC lessened its holdings in shares of iShares MSCI EAFE Growth ETF (BATS:EFG) by 34.2% during the 2nd quarter, HoldingsChannel reports. The fund owned 53,867 shares of the company’s stock after selling 27,999 shares during the quarter. iShares MSCI EAFE Growth ETF comprises approximately 1.1% of Summit X LLC’s portfolio, making the stock its 21st biggest holding. Summit X LLC’s holdings in iShares MSCI EAFE Growth ETF were worth $6,033,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also recently modified their holdings of the stock. Pandora Wealth Inc. purchased a new position in iShares MSCI EAFE Growth ETF during the second quarter valued at $28,000. Rice Partnership LLC purchased a new position in shares of iShares MSCI EAFE Growth ETF during the 2nd quarter valued at about $28,000. AlphaCore Capital LLC bought a new position in shares of iShares MSCI EAFE Growth ETF during the 1st quarter valued at approximately $29,000. Harbor Asset Planning Inc. purchased a new stake in iShares MSCI EAFE Growth ETF in the 2nd quarter worth approximately $35,000. Finally, West Financial Advisors LLC bought a new stake in iShares MSCI EAFE Growth ETF during the 2nd quarter worth approximately $43,000.

iShares MSCI EAFE Growth ETF Price Performance

EFG opened at $114.33 on Friday. The firm has a market cap of $13.44 billion, a P/E ratio of 24.98 and a beta of 0.96. iShares MSCI EAFE Growth ETF has a 1-year low of $88.66 and a 1-year high of $113.16. The company has a 50 day simple moving average of $114.45 and a two-hundred day simple moving average of $111.17.

About iShares MSCI EAFE Growth ETF

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.