Baker Avenue Asset Management LP Purchases 4,644 Shares of iShares MSCI EAFE Growth ETF $EFG

Baker Avenue Asset Management LP boosted its position in iShares MSCI EAFE Growth ETF (BATS:EFG) by 1.0% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 450,800 shares of the company’s stock after acquiring an additional 4,644 shares during the quarter. iShares MSCI EAFE Growth ETF comprises approximately 1.2% of Baker Avenue Asset Management LP’s portfolio, making the stock its 21st largest holding. Baker Avenue Asset Management LP’s holdings in iShares MSCI EAFE Growth ETF were worth $51,355,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the company. MML Investors Services LLC increased its holdings in iShares MSCI EAFE Growth ETF by 8.0% during the 2nd quarter. MML Investors Services LLC now owns 1,333,981 shares of the company’s stock worth $149,406,000 after purchasing an additional 99,158 shares in the last quarter. Ameriprise Financial Inc. increased its holdings in iShares MSCI EAFE Growth ETF by 1.1% during the 2nd quarter. Ameriprise Financial Inc. now owns 1,242,079 shares of the company’s stock worth $138,664,000 after purchasing an additional 13,888 shares in the last quarter. PNC Financial Services Group Inc. increased its holdings in iShares MSCI EAFE Growth ETF by 4.5% during the 4th quarter. PNC Financial Services Group Inc. now owns 1,239,402 shares of the company’s stock worth $141,193,000 after purchasing an additional 53,177 shares in the last quarter. UBS Group AG increased its holdings in iShares MSCI EAFE Growth ETF by 0.9% during the 3rd quarter. UBS Group AG now owns 1,003,918 shares of the company’s stock worth $114,326,000 after purchasing an additional 9,384 shares in the last quarter. Finally, Flow Traders U.S. LLC bought a new stake in iShares MSCI EAFE Growth ETF during the 3rd quarter worth approximately $83,908,000.

iShares MSCI EAFE Growth ETF Stock Performance

Shares of EFG opened at $122.70 on Thursday. iShares MSCI EAFE Growth ETF has a 52 week low of $106.33 and a 52 week high of $123.63. The stock has a 50 day moving average price of $117.32 and a two-hundred day moving average price of $117.01. The firm has a market capitalization of $14.43 billion, a P/E ratio of 24.98 and a beta of 0.96.

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