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% during the third quarter of the year. This reduction was disclosed in the company's latest 13F filing with the Securities and Exchange Commission.
Following the sale of 8,429 shares in the last quarter, the firm now holds a total of 193,019 shares of iShares MSCI EAFE Growth ETF. This asset represents approximately 3.7% of Horst & Graben's investment portfolio, ranking as their eighth largest position. At the conclusion of the most recent reporting period, the value of Horst & Graben Wealth Management LLC's holdings in the iShares MSCI EAFE Growth ETF was approximately $20,779,000.
In addition to Horst & Graben's actions, several other institutional investors have made adjustments to their positions in the fund. For example, Northwest Investment Counselors LLC initiated a new position in the ETF valued at $51,000 during the third quarter. Likewise, Marino Stram & Associates LLC acquired a new stake in the ETF, estimated to be worth about $207,000. Triad Wealth Partners LLC made a significant increase in their position by 15,270.6% during the same quarter, now owning 30,280 shares valued at $3,260,000 after purchasing an additional 30,083 shares.
Furthermore, Koss Olinger Consulting LLC boosted their stake in the iShares MSCI EAFE Growth ETF by 0.6%, raising their total to 108,836 shares valued at $11,716,000 after acquiring an extra 670 shares. Meanwhile, Midwest Heritage Bank FSB increased its holdings by 3.9%, bringing its total to 6,510 shares worth $701,000 after adding 244 shares.
Market Performance of iShares MSCI EAFE Growth ETF
As of the latest market data, the iShares MSCI EAFE Growth ETF opened at $103.93. The ETF has a market capitalisation of $12.22 billion, with a price-to-earnings ratio of 24.36 and a beta of 0.97. The 50-day moving average is $105.33, while the 200-day moving average stands at $103.32. Over the past year, the ETF has seen a low point of $67.58 and a high of $85.81, indicating some volatility in its trading.
Understanding iShares MSCI EAFE Growth ETF
The iShares MSCI EAFE Growth ETF is designed to provide investment results that correspond closely to the price and yield performance of the MSCI EAFE Growth Index, which is itself a subset of the MSCI EAFE Index. The fund focuses on companies located in Europe, Australasia, and the Far East, encompassing a broad range of sectors.
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