Bridges Investment Management Inc. Acquires New Position in iShares MSCI EAFE Growth ETF (BATS:EFG)

Bridges Investment Management Inc. acquired a new stake in iShares MSCI EAFE Growth ETF (BATS:EFG) in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 6,440 shares of the company’s stock, valued at approximately $659,000.

Several other hedge funds and other institutional investors have also recently made changes to their positions in EFG. Vantage Financial Partners LLC acquired a new position in iShares MSCI EAFE Growth ETF during the fourth quarter worth about $777,000. Franklin Resources Inc. raised its position in iShares MSCI EAFE Growth ETF by 1,096.0% during the fourth quarter. Franklin Resources Inc. now owns 74,908 shares of the company’s stock worth $7,255,000 after acquiring an additional 68,645 shares during the last quarter. Commerce Bank raised its position in iShares MSCI EAFE Growth ETF by 57.7% during the fourth quarter. Commerce Bank now owns 81,313 shares of the company’s stock worth $7,875,000 after acquiring an additional 29,746 shares during the last quarter. FineMark National Bank & Trust raised its position in iShares MSCI EAFE Growth ETF by 96.5% during the fourth quarter. FineMark National Bank & Trust now owns 6,090 shares of the company’s stock worth $590,000 after acquiring an additional 2,990 shares during the last quarter. Finally, MMA Asset Management LLC raised its position in iShares MSCI EAFE Growth ETF by 4.2% during the fourth quarter. MMA Asset Management LLC now owns 49,285 shares of the company’s stock worth $4,884,000 after acquiring an additional 1,982 shares during the last quarter.

iShares MSCI EAFE Growth ETF Trading Down 1.3 %

Shares of EFG opened at $105.27 on Friday. The stock has a market cap of $12.38 billion, a P/E ratio of 24.36 and a beta of 0.97. The company has a 50-day moving average of $103.39 and a two-hundred day moving average of $102.98. 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.