Orion Porfolio Solutions LLC Sells 73,888 Shares of iShares MSCI EAFE Growth ETF $EFG

Orion Porfolio Solutions LLC reduced its stake in shares of iShares MSCI EAFE Growth ETF (BATS:EFG) by 55.9% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 58,345 shares of the company’s stock after selling 73,888 shares during the period. Orion Porfolio Solutions LLC’s holdings in iShares MSCI EAFE Growth ETF were worth $6,644,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in EFG. Advisory Alpha LLC increased its stake in iShares MSCI EAFE Growth ETF by 6.4% in the 3rd quarter. Advisory Alpha LLC now owns 6,281 shares of the company’s stock worth $727,000 after buying an additional 379 shares in the last quarter. JMG Financial Group Ltd. purchased a new position in shares of iShares MSCI EAFE Growth ETF in the third quarter valued at about $390,000. Cresset Asset Management LLC lifted its position in shares of iShares MSCI EAFE Growth ETF by 0.9% in the third quarter. Cresset Asset Management LLC now owns 160,243 shares of the company’s stock valued at $18,248,000 after acquiring an additional 1,381 shares in the last quarter. Kingsview Wealth Management LLC boosted its stake in shares of iShares MSCI EAFE Growth ETF by 1.2% in the third quarter. Kingsview Wealth Management LLC now owns 11,174 shares of the company’s stock worth $1,273,000 after acquiring an additional 134 shares during the period. Finally, Kelman Lazarov Inc. bought a new position in shares of iShares MSCI EAFE Growth ETF in the third quarter worth about $603,000.

iShares MSCI EAFE Growth ETF Trading Down 1.0%

BATS:EFG opened at $114.95 on Friday. The stock has a 50-day moving average price of $119.31 and a 200 day moving average price of $115.80. The stock has a market capitalization of $13.52 billion, a P/E ratio of 24.98 and a beta of 0.96. iShares MSCI EAFE Growth ETF has a 12-month low of $88.66 and a 12-month high of $123.63.

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. The Fund invests in sectors, such as consumer staples, industrials, consumer discretionary, materials, healthcare, financials, information technology, energy, telecommunication services and utilities.