Valmark Advisers Inc. Raises Stock Holdings in iShares MSCI EAFE Growth ETF (BATS:EFG)

Valmark Advisers Inc. boosted its holdings in shares of iShares MSCI EAFE Growth ETF (BATS:EFG) by 15.7% during the 2nd quarter, Holdings Channel.com reports. The firm owned 49,737 shares of the company’s stock after purchasing an additional 6,755 shares during the quarter. Valmark Advisers Inc.’s holdings in iShares MSCI EAFE Growth ETF were worth $5,088,000 as of its most recent SEC filing.

A number of other institutional investors also recently made changes to their positions in EFG. Riverview Trust Co acquired a new position in iShares MSCI EAFE Growth ETF in the first quarter worth about $26,000. LifeSteps Financial Inc. bought a new position in iShares MSCI EAFE Growth ETF during the 1st quarter worth approximately $27,000. Atlantic Edge Private Wealth Management LLC acquired a new position in shares of iShares MSCI EAFE Growth ETF in the 4th quarter worth approximately $33,000. Harbor Investment Advisory LLC grew its position in shares of iShares MSCI EAFE Growth ETF by 44.6% in the 1st quarter. Harbor Investment Advisory LLC now owns 389 shares of the company’s stock worth $40,000 after acquiring an additional 120 shares in the last quarter. Finally, Janiczek Wealth Management LLC bought a new stake in shares of iShares MSCI EAFE Growth ETF in the 1st quarter valued at approximately $40,000.

iShares MSCI EAFE Growth ETF Price Performance

EFG traded up $0.28 during trading hours on Friday, hitting $107.46. 229,301 shares of the stock were exchanged. The stock has a market cap of $12.64 billion, a price-to-earnings ratio of 24.36 and a beta of 0.97. The stock has a 50-day simple moving average of $103.12 and a 200-day simple moving average of $102.63. iShares MSCI EAFE Growth ETF has a 12 month low of $67.58 and a 12 month 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.