Dynamic Advisor Solutions LLC Reduces Stake in iShares MSCI EAFE Growth ETF

Dynamic Advisor Solutions LLC has significantly reduced its investment in the iShares MSCI EAFE Growth ETF (BATS:EFG), as reported in its recent Form 13F filing with the Securities and Exchange Commission (SEC). During the third quarter, the firm cut its holdings by an impressive 67.7%, now owning just 3,768 shares after selling off 7,902 shares. Following this reduction, the value of Dynamic Advisor Solutions LLC's stake in the ETF amounts to approximately $406,000 based on the filing.

The iShares MSCI EAFE Growth ETF has seen changes in ownership from other institutional investors as well. For instance, Davis Capital Management established a new position in the ETF during the third quarter, investing around $25,000. Similarly, Riverview Trust Co acquired shares in the first quarter, amounting to about $26,000. Harbor Investment Advisory LLC has increased its investment by 44.6% during the first quarter and now holds 389 shares, valued at roughly $40,000 after adding 120 shares in the latest quarter. Furthermore, Janiczek Wealth Management LLC also made a new acquisition valued at about $40,000 in the same time frame, while Kings Path Partners LLC invested approximately $53,000 in the second quarter.

iShares MSCI EAFE Growth ETF Performance Overview

As of the most recent reporting period, shares of iShares MSCI EAFE Growth ETF opened at $106.18 on Friday. The ETF has experienced a 12-month low of $67.58 and a high of $85.81. It currently boasts a market capitalization of $12.49 billion, with a price-to-earnings (PE) ratio of 24.36, and a beta coefficient of 0.97. The 50-day moving average for the ETF stands at $104.59, while the 200-day moving average is $103.25.

About the iShares MSCI EAFE Growth ETF

The iShares MSCI EAFE Growth ETF, previously known as the iShares MSCI EAFE Growth Index Fund, is an exchange-traded fund that aims to replicate the performance of the MSCI EAFE Growth Index. This index comprises securities from Europe, Australasia (including Australia and parts of Asia), and the Far East, focusing on growth-oriented companies.

This ETF provides investors with a chance to gain exposure to non-U.S. and non-Canadian equities, specifically targeting growth stocks in these regions. By tracking the index it seeks to emulate, the ETF aims to deliver investment returns that correspond to the index's price and yield performance, before accounting for fees and expenses.

Investing, ETF, Stocks