Merit Financial Group LLC Boosts Holdings in iShares MSCI EAFE Growth ETF $EFG

Merit Financial Group LLC raised its position in iShares MSCI EAFE Growth ETF (BATS:EFG) by 23.4% during the 2nd quarter, according to its most recent filing with the SEC. The firm owned 553,717 shares of the company’s stock after buying an additional 104,980 shares during the quarter. iShares MSCI EAFE Growth ETF comprises about 0.7% of Merit Financial Group LLC’s holdings, making the stock its 29th largest position. Merit Financial Group LLC’s holdings in iShares MSCI EAFE Growth ETF were worth $62,016,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in the company. Geneos Wealth Management Inc. raised its holdings in iShares MSCI EAFE Growth ETF by 1.4% during the first quarter. Geneos Wealth Management Inc. now owns 32,890 shares of the company’s stock worth $3,289,000 after purchasing an additional 463 shares in the last quarter. Financial Perspectives Inc increased its position in iShares MSCI EAFE Growth ETF by 5.3% during the 1st quarter. Financial Perspectives Inc now owns 3,570 shares of the company’s stock worth $357,000 after purchasing an additional 179 shares during the period. LifeWealth Investments LLC raised its stake in shares of iShares MSCI EAFE Growth ETF by 84.0% during the 1st quarter. LifeWealth Investments LLC now owns 56,535 shares of the company’s stock worth $5,653,000 after buying an additional 25,807 shares in the last quarter. Janney Montgomery Scott LLC lifted its holdings in shares of iShares MSCI EAFE Growth ETF by 0.6% in the 2nd quarter. Janney Montgomery Scott LLC now owns 929,210 shares of the company’s stock valued at $104,072,000 after buying an additional 5,963 shares during the period. Finally, Beacon Financial Planning Inc. lifted its holdings in shares of iShares MSCI EAFE Growth ETF by 47.6% in the 1st quarter. Beacon Financial Planning Inc. now owns 6,297 shares of the company’s stock valued at $630,000 after buying an additional 2,030 shares during the period.

iShares MSCI EAFE Growth ETF Price Performance

iShares MSCI EAFE Growth ETF stock opened at $116.66 on Friday. The stock’s 50 day moving average price is $111.83 and its 200 day moving average price is $108.03. iShares MSCI EAFE Growth ETF has a 1-year low of $88.66 and a 1-year high of $113.16. The company has a market cap of $13.72 billion, a PE ratio of 24.98 and a beta of 0.96.

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.