Merit Financial Group LLC Has $9.86 Million Stake in iShares MSCI EAFE Growth ETF (BATS:EFG)

Merit Financial Group LLC reduced its holdings in iShares MSCI EAFE Growth ETF (BATS:EFG) by 32.5% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 101,811 shares of the company’s stock after selling 48,919 shares during the quarter. Merit Financial Group LLC’s holdings in iShares MSCI EAFE Growth ETF were worth $9,860,000 at the end of the most recent reporting period.

A number of other large investors have also bought and sold shares of the business. Phillips Financial Management LLC acquired a new position in iShares MSCI EAFE Growth ETF in the fourth quarter worth $25,000. Wetzel Investment Advisors Inc. acquired a new position in iShares MSCI EAFE Growth ETF during the 4th quarter worth about $25,000. Dividend Assets Capital LLC bought a new stake in iShares MSCI EAFE Growth ETF during the 3rd quarter worth about $26,000. Headlands Technologies LLC bought a new stake in iShares MSCI EAFE Growth ETF during the 3rd quarter worth about $28,000. Finally, Ruedi Wealth Management Inc. acquired a new stake in iShares MSCI EAFE Growth ETF in the 4th quarter valued at about $28,000.

iShares MSCI EAFE Growth ETF Price Performance

Shares of EFG stock traded up $1.24 during trading hours on Friday, reaching $101.14. 207,831 shares of the company were exchanged. iShares MSCI EAFE Growth ETF has a fifty-two week low of $67.58 and a fifty-two week high of $85.81. The stock’s fifty day moving average is $101.73 and its two-hundred day moving average is $96.25. The company has a market cap of $11.89 billion, a price-to-earnings ratio of 23.40 and a beta of 0.93.

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.