Merit Financial Group LLC Buys 182,715 Shares of iShares MSCI EAFE Growth ETF (BATS:EFG)

Merit Financial Group LLC grew its stake in iShares MSCI EAFE Growth ETF (BATS:EFG) by 237.3% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 259,698 shares of the company’s stock after acquiring an additional 182,715 shares during the quarter. Merit Financial Group LLC owned 0.22% of iShares MSCI EAFE Growth ETF worth $25,147,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. Jane Street Group LLC raised its holdings in iShares MSCI EAFE Growth ETF by 18,989.0% in the third quarter. Jane Street Group LLC now owns 835,333 shares of the company’s stock worth $89,924,000 after purchasing an additional 830,957 shares during the period. Sanctuary Advisors LLC acquired a new stake in iShares MSCI EAFE Growth ETF during the 2nd quarter worth $66,343,000. Park Avenue Securities LLC lifted its holdings in iShares MSCI EAFE Growth ETF by 22.4% during the fourth quarter. Park Avenue Securities LLC now owns 2,926,949 shares of the company’s stock worth $283,416,000 after acquiring an additional 536,191 shares in the last quarter. Cetera Investment Advisers grew its stake in iShares MSCI EAFE Growth ETF by 46.2% in the second quarter. Cetera Investment Advisers now owns 1,548,002 shares of the company’s stock valued at $158,361,000 after acquiring an additional 489,230 shares during the period. Finally, Axiom Advisory LLC increased its holdings in shares of iShares MSCI EAFE Growth ETF by 9.2% in the third quarter. Axiom Advisory LLC now owns 5,422,968 shares of the company’s stock worth $562,613,000 after acquiring an additional 455,586 shares in the last quarter.

iShares MSCI EAFE Growth ETF Price Performance

BATS EFG opened at $98.58 on Friday. iShares MSCI EAFE Growth ETF has a one year low of $67.58 and a one year high of $85.81. The firm has a market cap of $11.59 billion, a P/E ratio of 24.36 and a beta of 0.97. The stock’s 50-day moving average is $99.22 and its 200-day moving average is $102.23.

iShares MSCI EAFE Growth ETF Company 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.