Cobblestone Asset Management LLC Invests $5.42 Million in iShares MSCI EAFE Growth ETF $EFG

Cobblestone Asset Management LLC acquired a new stake in shares of iShares MSCI EAFE Growth ETF (BATS:EFG) during the 1st quarter, HoldingsChannel.com reports. The institutional investor acquired 48,639 shares of the company’s stock, valued at approximately $5,417,000. iShares MSCI EAFE Growth ETF makes up approximately 2.4% of Cobblestone Asset Management LLC’s holdings, making the stock its 13th largest position.

A number of other hedge funds also recently made changes to their positions in the stock. Cannon Financial Strategists Inc. grew its position in iShares MSCI EAFE Growth ETF by 0.5% in the fourth quarter. Cannon Financial Strategists Inc. now owns 19,114 shares of the company’s stock worth $2,177,000 after acquiring an additional 86 shares in the last quarter. Disciplined Investments LLC raised its position in iShares MSCI EAFE Growth ETF by 0.3% during the fourth quarter. Disciplined Investments LLC now owns 27,928 shares of the company’s stock valued at $3,182,000 after purchasing an additional 87 shares in the last quarter. Triangle Securities Wealth Management lifted its stake in iShares MSCI EAFE Growth ETF by 2.7% during the first quarter. Triangle Securities Wealth Management now owns 3,288 shares of the company’s stock worth $366,000 after purchasing an additional 87 shares during the last quarter. CreativeOne Wealth LLC lifted its stake in iShares MSCI EAFE Growth ETF by 0.3% during the fourth quarter. CreativeOne Wealth LLC now owns 34,888 shares of the company’s stock worth $3,974,000 after purchasing an additional 89 shares during the last quarter. Finally, Wealthcare Advisory Partners LLC lifted its stake in iShares MSCI EAFE Growth ETF by 1.8% during the fourth quarter. Wealthcare Advisory Partners LLC now owns 5,523 shares of the company’s stock worth $629,000 after purchasing an additional 97 shares during the last quarter.

iShares MSCI EAFE Growth ETF Stock Performance

EFG opened at $123.63 on Friday. The stock has a market capitalization of $14.54 billion, a P/E ratio of 24.98 and a beta of 0.96. The stock has a 50-day moving average price of $121.72 and a 200-day moving average price of $118.74. iShares MSCI EAFE Growth ETF has a 12-month low of $106.33 and a 12-month high of $125.71.

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.