Sherman Wealth Management LLC Purchases New Position in iShares MSCI EAFE Growth ETF $EFG

Sherman Wealth Management LLC acquired a new position in shares of iShares MSCI EAFE Growth ETF (BATS:EFG) during the 4th quarter, Holdings Channel reports. The fund acquired 9,038 shares of the company’s stock, valued at approximately $1,029,000. iShares MSCI EAFE Growth ETF comprises about 1.0% of Sherman Wealth Management LLC’s holdings, making the stock its 26th biggest holding.

A number of other institutional investors have also recently bought and sold shares of EFG. Bangor Savings Bank bought a new stake in iShares MSCI EAFE Growth ETF in the third quarter valued at approximately $26,000. Guerra Advisors Inc bought a new position in shares of iShares MSCI EAFE Growth ETF during the third quarter worth $26,000. Cedar Mountain Advisors LLC boosted its position in shares of iShares MSCI EAFE Growth ETF by 50.2% during the third quarter. Cedar Mountain Advisors LLC now owns 317 shares of the company’s stock worth $36,000 after purchasing an additional 106 shares in the last quarter. Collier Financial acquired a new position in shares of iShares MSCI EAFE Growth ETF in the 3rd quarter valued at $39,000. Finally, Asset Dedication LLC grew its holdings in shares of iShares MSCI EAFE Growth ETF by 1,526.1% in the 2nd quarter. Asset Dedication LLC now owns 374 shares of the company’s stock valued at $42,000 after buying an additional 351 shares during the period.

iShares MSCI EAFE Growth ETF Stock Down 1.5%

EFG opened at $107.61 on Friday. The stock has a market cap of $12.65 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. The company has a fifty day simple moving average of $117.90 and a 200 day simple moving average of $115.90.

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.