Eastern Bank Lowers Holdings in iShares MSCI EAFE Growth ETF $EFG

Eastern Bank decreased its stake in iShares MSCI EAFE Growth ETF (BATS:EFG) by 31.5% during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 23,159 shares of the company’s stock after selling 10,645 shares during the quarter. Eastern Bank’s holdings in iShares MSCI EAFE Growth ETF were worth $2,594,000 as of its most recent SEC filing.

A number of other hedge funds have also recently modified their holdings of the stock. Jane Street Group LLC raised its holdings in iShares MSCI EAFE Growth ETF by 2,387.5% in the 1st quarter. Jane Street Group LLC now owns 2,276,882 shares of the company’s stock worth $227,688,000 after purchasing an additional 2,185,348 shares during the period. Flow Traders U.S. LLC acquired a new position in iShares MSCI EAFE Growth ETF in the 1st quarter worth about $181,715,000. Park Avenue Securities LLC raised its holdings in iShares MSCI EAFE Growth ETF by 1.1% in the 2nd quarter. Park Avenue Securities LLC now owns 1,598,189 shares of the company’s stock worth $178,997,000 after purchasing an additional 16,719 shares during the period. OLD Mission Capital LLC acquired a new position in iShares MSCI EAFE Growth ETF in the 1st quarter worth about $93,474,000. Finally, Janney Montgomery Scott LLC raised its holdings in iShares MSCI EAFE Growth ETF by 0.6% in the 2nd quarter. Janney Montgomery Scott LLC now owns 929,210 shares of the company’s stock worth $104,072,000 after purchasing an additional 5,963 shares during the period.

iShares MSCI EAFE Growth ETF Trading Up 17.5%

BATS EFG opened at $112.90 on Friday. The stock has a market capitalization of $13.28 billion, a price-to-earnings ratio of 24.98 and a beta of 0.96. iShares MSCI EAFE Growth ETF has a twelve month low of $88.66 and a twelve month high of $113.16. The stock has a 50-day moving average of $112.52 and a 200 day moving average of $108.43.

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.