Bank of New York Mellon Corp Acquires 920,188 Shares of iShares MSCI EAFE Growth ETF $EFG

Bank of New York Mellon Corp raised its holdings in iShares MSCI EAFE Growth ETF (BATS:EFG) by 166.6% in the 1st quarter, according to the company in its most recent filing with the SEC. The firm owned 1,472,363 shares of the company’s stock after acquiring an additional 920,188 shares during the quarter. Bank of New York Mellon Corp owned approximately 1.25% of iShares MSCI EAFE Growth ETF worth $163,977,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in EFG. Basepoint Wealth LLC acquired a new stake in iShares MSCI EAFE Growth ETF in the fourth quarter valued at $25,000. Evermay Wealth Management LLC lifted its holdings in iShares MSCI EAFE Growth ETF by 87.0% during the 4th quarter. Evermay Wealth Management LLC now owns 245 shares of the company’s stock worth $28,000 after buying an additional 114 shares during the period. Barnes Dennig Private Wealth Management LLC grew its position in shares of iShares MSCI EAFE Growth ETF by 327.7% in the 4th quarter. Barnes Dennig Private Wealth Management LLC now owns 278 shares of the company’s stock valued at $32,000 after buying an additional 213 shares during the last quarter. Hamilton Point Investment Advisors LLC bought a new stake in shares of iShares MSCI EAFE Growth ETF in the 4th quarter valued at about $37,000. Finally, Dunhill Financial LLC grew its position in shares of iShares MSCI EAFE Growth ETF by 133.8% in the 4th quarter. Dunhill Financial LLC now owns 332 shares of the company’s stock valued at $38,000 after buying an additional 190 shares during the last quarter.

iShares MSCI EAFE Growth ETF Trading Down 0.7%

Shares of EFG stock opened at $120.04 on Friday. iShares MSCI EAFE Growth ETF has a 1-year low of $106.33 and a 1-year high of $125.71. The stock has a market cap of $14.12 billion, a price-to-earnings ratio of 24.98 and a beta of 0.96. The stock has a 50-day moving average of $122.20 and a 200-day moving average of $119.30.

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