Cornerstone Wealth LLC TN Makes New $1.74 Million Investment in iShares MSCI EAFE Growth ETF $EFG

Cornerstone Wealth LLC TN bought a new stake in iShares MSCI EAFE Growth ETF (BATS:EFG) in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 14,847 shares of the company’s stock, valued at approximately $1,741,000. iShares MSCI EAFE Growth ETF comprises 1.0% of Cornerstone Wealth LLC TN’s investment portfolio, making the stock its 26th largest position.

A number of other large investors have also recently made changes to their positions in EFG. Bank of America Corp DE increased its position in iShares MSCI EAFE Growth ETF by 35.0% during the first quarter. Bank of America Corp DE now owns 4,708,538 shares of the company’s stock worth $524,390,000 after buying an additional 1,221,082 shares during the period. Ashton Thomas Securities LLC acquired a new stake in shares of iShares MSCI EAFE Growth ETF in the first quarter valued at approximately $123,000. Arkadios Wealth Advisors boosted its holdings in shares of iShares MSCI EAFE Growth ETF by 72.8% in the first quarter. Arkadios Wealth Advisors now owns 23,562 shares of the company’s stock valued at $2,624,000 after acquiring an additional 9,926 shares during the period. EverSource Wealth Advisors LLC grew its position in shares of iShares MSCI EAFE Growth ETF by 89.7% during the first quarter. EverSource Wealth Advisors LLC now owns 7,663 shares of the company’s stock worth $854,000 after acquiring an additional 3,623 shares during the last quarter. Finally, Royal Bank of Canada grew its position in shares of iShares MSCI EAFE Growth ETF by 44.5% during the first quarter. Royal Bank of Canada now owns 632,689 shares of the company’s stock worth $70,462,000 after acquiring an additional 194,825 shares during the last quarter.

iShares MSCI EAFE Growth ETF Price Performance

Shares of iShares MSCI EAFE Growth ETF stock opened at $118.55 on Thursday. The firm’s fifty day simple moving average is $122.14 and its 200-day simple moving average is $119.54. iShares MSCI EAFE Growth ETF has a 12 month low of $106.33 and a 12 month high of $125.71. The stock has a market capitalization of $13.94 billion, a price-to-earnings ratio of 24.98 and a beta of 0.96.

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.