Integrated Advisors Network LLC Makes New Investment in iShares MSCI EAFE Growth ETF $EFG

Integrated Advisors Network LLC bought a new stake in iShares MSCI EAFE Growth ETF (BATS:EFG) in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor bought 16,646 shares of the company’s stock, valued at approximately $1,995,000.

Several other institutional investors have also recently added to or reduced their stakes in EFG. Envestnet Asset Management Inc. grew its holdings in iShares MSCI EAFE Growth ETF by 5.4% in the 2nd quarter. Envestnet Asset Management Inc. now owns 23,610,616 shares of the company’s stock valued at $2,937,631,000 after buying an additional 1,210,805 shares during the period. Bank of America Corp DE increased its stake in shares of iShares MSCI EAFE Growth ETF by 35.0% during the 1st quarter. Bank of America Corp DE now owns 4,708,538 shares of the company’s stock valued at $524,390,000 after acquiring an additional 1,221,082 shares during the last quarter. Cetera Investment Advisers lifted its holdings in shares of iShares MSCI EAFE Growth ETF by 125.2% during the 1st quarter. Cetera Investment Advisers now owns 2,208,206 shares of the company’s stock worth $245,928,000 after acquiring an additional 1,227,595 shares during the period. Envestnet Portfolio Solutions Inc. lifted its holdings in shares of iShares MSCI EAFE Growth ETF by 2.8% during the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 1,892,107 shares of the company’s stock worth $235,416,000 after acquiring an additional 52,153 shares during the period. Finally, Bank of New York Mellon Corp lifted its holdings in shares of iShares MSCI EAFE Growth ETF by 166.6% during the 1st quarter. Bank of New York Mellon Corp now owns 1,472,363 shares of the company’s stock worth $163,977,000 after acquiring an additional 920,188 shares during the period.

iShares MSCI EAFE Growth ETF Stock Performance

EFG opened at $119.98 on Thursday. The company’s 50 day simple moving average is $122.04 and its 200 day simple moving average is $121.59. iShares MSCI EAFE Growth ETF has a 1 year low of $107.17 and a 1 year high of $127.44. The stock has a market capitalization of $14.11 billion, a PE ratio of 24.98 and a beta of 0.96.

Shares of iShares MSCI EAFE Growth ETF are going to split before the market opens on Thursday, November 5th. The 3-1 split was recently announced. The newly minted shares will be payable to shareholders after the market closes on Wednesday, November 4th.

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.