Institute for Wealth Management LLC. Acquires 117 Shares of iShares MSCI EAFE Growth ETF (BATS:EFG)

Institute for Wealth Management LLC. grew its holdings in iShares MSCI EAFE Growth ETF (BATS:EFG) by 1.0% in the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 11,692 shares of the company’s stock after acquiring an additional 117 shares during the period. Institute for Wealth Management LLC.’s holdings in iShares MSCI EAFE Growth ETF were worth $1,169,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in EFG. Envestnet Asset Management Inc. boosted its holdings in shares of iShares MSCI EAFE Growth ETF by 21.3% during the 4th quarter. Envestnet Asset Management Inc. now owns 30,530,915 shares of the company’s stock worth $2,956,309,000 after buying an additional 5,366,297 shares during the period. LPL Financial LLC boosted its holdings in shares of iShares MSCI EAFE Growth ETF by 45.7% during the 4th quarter. LPL Financial LLC now owns 9,151,951 shares of the company’s stock worth $886,183,000 after buying an additional 2,871,169 shares during the period. JPMorgan Chase & Co. boosted its holdings in shares of iShares MSCI EAFE Growth ETF by 22.7% during the 4th quarter. JPMorgan Chase & Co. now owns 7,275,923 shares of the company’s stock worth $704,528,000 after buying an additional 1,345,376 shares during the period. Dynasty Wealth Management LLC bought a new stake in shares of iShares MSCI EAFE Growth ETF during the 4th quarter worth $77,983,000. Finally, Bank of America Corp DE boosted its holdings in shares of iShares MSCI EAFE Growth ETF by 17.2% during the 4th quarter. Bank of America Corp DE now owns 5,086,477 shares of the company’s stock worth $492,524,000 after buying an additional 747,639 shares during the period.

iShares MSCI EAFE Growth ETF Trading Up 12.9%

BATS EFG opened at $108.46 on Friday. The company has a fifty day simple moving average of $106.46 and a 200 day simple moving average of $102.70. The company has a market cap of $12.89 billion, a P/E ratio of 26.10 and a beta of 0.96. iShares MSCI EAFE Growth ETF has a 1 year low of $88.66 and a 1 year high of $112.18.

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.