Telemus Capital LLC Reduces Stake in iShares MSCI EAFE Growth ETF (BATS:EFG)

Telemus Capital LLC trimmed its stake in iShares MSCI EAFE Growth ETF (BATS:EFG) by 44.2% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 8,002 shares of the company’s stock after selling 6,341 shares during the quarter. Telemus Capital LLC’s holdings in iShares MSCI EAFE Growth ETF were worth $763,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Ruedi Wealth Management Inc. purchased a new stake in shares of iShares MSCI EAFE Growth ETF during the 1st quarter valued at approximately $29,000. O Shaughnessy Asset Management LLC purchased a new stake in shares of iShares MSCI EAFE Growth ETF during the 4th quarter valued at approximately $31,000. HM Payson & Co. purchased a new stake in shares of iShares MSCI EAFE Growth ETF during the 1st quarter valued at approximately $37,000. MBM Wealth Consultants LLC purchased a new stake in shares of iShares MSCI EAFE Growth ETF during the 4th quarter valued at approximately $37,000. Finally, Tucker Asset Management LLC purchased a new stake in shares of iShares MSCI EAFE Growth ETF during the 1st quarter valued at approximately $59,000.

iShares MSCI EAFE Growth ETF Trading Down 0.3 %

iShares MSCI EAFE Growth ETF stock opened at $90.07 on Friday. The firm’s 50 day simple moving average is $93.06 and its 200 day simple moving average is $93.48. The firm has a market capitalization of $12.07 billion, a PE ratio of 18.69 and a beta of 0.89. iShares MSCI EAFE Growth ETF has a 1-year low of $67.58 and a 1-year high of $85.81.

iShares MSCI EAFE Growth ETF Company Profile

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.