Beam Wealth Advisors Inc. Boosts Position in iShares MSCI EAFE Growth ETF $EFG

Beam Wealth Advisors Inc. raised its position in iShares MSCI EAFE Growth ETF (BATS:EFG) by 17.2% during the 1st quarter, according to its most recent disclosure with the SEC. The fund owned 57,523 shares of the company’s stock after purchasing an additional 8,449 shares during the period. iShares MSCI EAFE Growth ETF comprises approximately 1.6% of Beam Wealth Advisors Inc.’s portfolio, making the stock its 12th biggest holding. Beam Wealth Advisors Inc.’s holdings in iShares MSCI EAFE Growth ETF were worth $6,406,000 at the end of the most recent quarter.

A number of other hedge funds have also made changes to their positions in the company. Personal CFO Solutions LLC raised its stake in shares of iShares MSCI EAFE Growth ETF by 6.9% during the 1st quarter. Personal CFO Solutions LLC now owns 54,775 shares of the company’s stock worth $6,100,000 after buying an additional 3,526 shares during the last quarter. W Advisors LLC grew its stake in iShares MSCI EAFE Growth ETF by 34.6% in the 1st quarter. W Advisors LLC now owns 32,576 shares of the company’s stock valued at $3,628,000 after acquiring an additional 8,377 shares during the last quarter. Staley Capital Advisers Inc. increased its holdings in iShares MSCI EAFE Growth ETF by 6.0% during the 1st quarter. Staley Capital Advisers Inc. now owns 173,883 shares of the company’s stock valued at $19,365,000 after acquiring an additional 9,791 shares in the last quarter. Farmers & Merchants Trust Co of Chambersburg PA increased its holdings in iShares MSCI EAFE Growth ETF by 45.6% during the 1st quarter. Farmers & Merchants Trust Co of Chambersburg PA now owns 26,133 shares of the company’s stock valued at $2,910,000 after acquiring an additional 8,186 shares in the last quarter. Finally, Quantum Portfolio Management LLC purchased a new position in iShares MSCI EAFE Growth ETF during the 1st quarter valued at about $365,000.

iShares MSCI EAFE Growth ETF Trading Down 0.8%

Shares of EFG opened at $121.49 on Thursday. iShares MSCI EAFE Growth ETF has a 12-month low of $106.33 and a 12-month high of $125.71. The stock has a market cap of $14.29 billion, a P/E ratio of 24.98 and a beta of 0.96. The company has a 50-day moving average of $121.97 and a two-hundred day moving average of $118.99.

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.