Beacon Pointe Advisors LLC Has $54.92 Million Position in iShares MSCI EAFE Growth ETF $EFG

Beacon Pointe Advisors LLC boosted its holdings in shares of iShares MSCI EAFE Growth ETF (BATS:EFG) by 4.8% in the second quarter, Holdings Channel.com reports. The fund owned 490,315 shares of the company’s stock after buying an additional 22,670 shares during the quarter. Beacon Pointe Advisors LLC’s holdings in iShares MSCI EAFE Growth ETF were worth $54,915,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in EFG. Itau Unibanco Holding S.A. bought a new position in iShares MSCI EAFE Growth ETF during the second quarter worth about $28,034,000. AMG National Trust Bank increased its stake in shares of iShares MSCI EAFE Growth ETF by 5.5% in the 2nd quarter. AMG National Trust Bank now owns 12,378 shares of the company’s stock valued at $1,386,000 after acquiring an additional 648 shares during the last quarter. Merit Financial Group LLC raised its position in shares of iShares MSCI EAFE Growth ETF by 23.4% in the 2nd quarter. Merit Financial Group LLC now owns 553,717 shares of the company’s stock valued at $62,016,000 after acquiring an additional 104,980 shares during the period. LGT Financial Advisors LLC boosted its stake in iShares MSCI EAFE Growth ETF by 3.3% during the 2nd quarter. LGT Financial Advisors LLC now owns 5,058 shares of the company’s stock worth $567,000 after acquiring an additional 161 shares during the last quarter. Finally, Avantax Advisory Services Inc. boosted its stake in iShares MSCI EAFE Growth ETF by 2.4% during the 2nd quarter. Avantax Advisory Services Inc. now owns 374,190 shares of the company’s stock worth $41,909,000 after acquiring an additional 8,881 shares during the last quarter.

iShares MSCI EAFE Growth ETF Stock Performance

Shares of BATS:EFG opened at $113.20 on Tuesday. The company has a 50 day moving average price of $114.63 and a two-hundred day moving average price of $112.11. The company has a market capitalization of $13.31 billion, a PE ratio of 24.98 and a beta of 0.96. iShares MSCI EAFE Growth ETF has a 52 week low of $88.66 and a 52 week high of $113.16.

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.