Raymond James Financial Inc. Makes New $65.05 Million Investment in iShares MSCI EAFE Growth ETF (BATS:EFG)

Raymond James Financial Inc. bought a new position in shares of iShares MSCI EAFE Growth ETF (BATS:EFG) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 671,810 shares of the company’s stock, valued at approximately $65,051,000. Raymond James Financial Inc. owned 0.57% of iShares MSCI EAFE Growth ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently modified their holdings of EFG. Jane Street Group LLC raised its holdings in shares of iShares MSCI EAFE Growth ETF by 18,989.0% during the third quarter. Jane Street Group LLC now owns 835,333 shares of the company’s stock worth $89,924,000 after purchasing an additional 830,957 shares during the period. Dynasty Wealth Management LLC acquired a new stake in shares of iShares MSCI EAFE Growth ETF during the fourth quarter worth $77,983,000. Park Avenue Securities LLC increased its holdings in shares of iShares MSCI EAFE Growth ETF by 22.4% in the 4th quarter. Park Avenue Securities LLC now owns 2,926,949 shares of the company’s stock worth $283,416,000 after acquiring an additional 536,191 shares during the period. Sanctuary Advisors LLC increased its holdings in shares of iShares MSCI EAFE Growth ETF by 74.2% in the 3rd quarter. Sanctuary Advisors LLC now owns 1,155,317 shares of the company’s stock worth $114,307,000 after acquiring an additional 492,084 shares during the period. Finally, Strategic Financial Concepts LLC increased its holdings in shares of iShares MSCI EAFE Growth ETF by 9,370.8% in the 4th quarter. Strategic Financial Concepts LLC now owns 442,379 shares of the company’s stock worth $42,836,000 after acquiring an additional 437,708 shares during the period.

iShares MSCI EAFE Growth ETF Stock Up 6.0 %

EFG stock opened at $101.91 on Tuesday. iShares MSCI EAFE Growth ETF has a fifty-two week low of $94.82 and a fifty-two week high of $108.91. The firm’s 50-day simple moving average is $101.38 and its 200 day simple moving average is $102.31. The stock has a market cap of $15.90 billion, a PE ratio of 27.20 and a beta of 0.93.

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.