iShares MSCI EAFE Growth ETF (BATS:EFG) Shares Bought by Envestnet Portfolio Solutions Inc.

Envestnet Portfolio Solutions Inc. lifted its holdings in shares of iShares MSCI EAFE Growth ETF (BATS:EFG) by 7.9% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 2,326,070 shares of the company’s stock after buying an additional 170,268 shares during the period. iShares MSCI EAFE Growth ETF makes up about 0.9% of Envestnet Portfolio Solutions Inc.’s investment portfolio, making the stock its 23rd largest holding. Envestnet Portfolio Solutions Inc. owned about 1.98% of iShares MSCI EAFE Growth ETF worth $241,423,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in EFG. Riverview Trust Co bought a new position in iShares MSCI EAFE Growth ETF during the 1st quarter valued at $26,000. Kessler Investment Group LLC acquired a new stake in iShares MSCI EAFE Growth ETF during the first quarter valued at approximately $26,000. Phillips Financial Management LLC bought a new stake in iShares MSCI EAFE Growth ETF during the fourth quarter worth approximately $25,000. LifeSteps Financial Inc. acquired a new position in iShares MSCI EAFE Growth ETF in the first quarter worth approximately $27,000. Finally, Wetzel Investment Advisors Inc. acquired a new position in iShares MSCI EAFE Growth ETF in the fourth quarter worth approximately $25,000.

iShares MSCI EAFE Growth ETF Price Performance

Shares of EFG traded up $1.31 during trading hours on Friday, hitting $106.43. 509,749 shares of the company were exchanged. The firm has a fifty day simple moving average of $103.57 and a 200-day simple moving average of $100.93. The company has a market capitalization of $12.52 billion, a PE ratio of 24.36 and a beta of 0.97. iShares MSCI EAFE Growth ETF has a one year low of $67.58 and a one year high of $85.81.

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.