Montgomery Financial Services LLC Purchases New Shares in iShares MSCI EAFE Growth ETF $EFG

Montgomery Financial Services LLC acquired a new stake in iShares MSCI EAFE Growth ETF (BATS:EFG) in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 49,158 shares of the company’s stock, valued at approximately $6,116,000. iShares MSCI EAFE Growth ETF makes up approximately 5.3% of Montgomery Financial Services LLC’s holdings, making the stock its 6th largest position.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in EFG. Highland Investment Advisors LLC purchased a new position in shares of iShares MSCI EAFE Growth ETF in the 2nd quarter valued at about $60,000. Cassilly Financial Group LLC purchased a new position in iShares MSCI EAFE Growth ETF during the second quarter worth approximately $204,000. Blalock Williams LLC grew its holdings in iShares MSCI EAFE Growth ETF by 9.8% in the second quarter. Blalock Williams LLC now owns 20,644 shares of the company’s stock valued at $2,569,000 after purchasing an additional 1,850 shares during the period. Shum Financial Group Inc. grew its holdings in iShares MSCI EAFE Growth ETF by 14.6% in the second quarter. Shum Financial Group Inc. now owns 27,393 shares of the company’s stock valued at $3,408,000 after purchasing an additional 3,489 shares during the period. Finally, SMART Wealth LLC increased its position in shares of iShares MSCI EAFE Growth ETF by 118.7% in the second quarter. SMART Wealth LLC now owns 21,547 shares of the company’s stock valued at $2,681,000 after buying an additional 11,694 shares in the last quarter.

iShares MSCI EAFE Growth ETF Price Performance

Shares of EFG stock opened at $124.55 on Friday. The company has a market cap of $14.65 billion, a price-to-earnings ratio of 24.98 and a beta of 0.96. The stock has a 50 day simple moving average of $123.31 and a 200-day simple moving average of $120.52. iShares MSCI EAFE Growth ETF has a 1-year low of $107.17 and a 1-year high of $127.44.

iShares MSCI EAFE Growth ETF 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. The Fund invests in sectors, such as consumer staples, industrials, consumer discretionary, materials, healthcare, financials, information technology, energy, telecommunication services and utilities.