MLG Wealth Management DBA Pine Grove Financial Group Raises Stock Holdings in iShares MSCI EAFE Growth ETF $EFG

MLG Wealth Management DBA Pine Grove Financial Group raised its holdings in iShares MSCI EAFE Growth ETF (BATS:EFG) by 8.0% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 114,770 shares of the company’s stock after purchasing an additional 8,529 shares during the period. iShares MSCI EAFE Growth ETF comprises 1.4% of MLG Wealth Management DBA Pine Grove Financial Group’s holdings, making the stock its 22nd largest position. MLG Wealth Management DBA Pine Grove Financial Group owned about 0.10% of iShares MSCI EAFE Growth ETF worth $14,285,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. Cetera Investment Advisers lifted its position in shares of iShares MSCI EAFE Growth ETF by 125.2% during the 1st quarter. Cetera Investment Advisers now owns 2,208,206 shares of the company’s stock valued at $245,928,000 after buying an additional 1,227,595 shares in the last quarter. Bank of America Corp DE increased its holdings in iShares MSCI EAFE Growth ETF by 35.0% in the 1st quarter. Bank of America Corp DE now owns 4,708,538 shares of the company’s stock worth $524,390,000 after acquiring an additional 1,221,082 shares in the last quarter. Janney Montgomery Scott LLC raised its position in iShares MSCI EAFE Growth ETF by 690.4% during the first quarter. Janney Montgomery Scott LLC now owns 1,140,998 shares of the company’s stock worth $127,073,000 after acquiring an additional 996,633 shares during the period. Bank of New York Mellon Corp raised its position in iShares MSCI EAFE Growth ETF by 166.6% during the first quarter. Bank of New York Mellon Corp now owns 1,472,363 shares of the company’s stock worth $163,977,000 after acquiring an additional 920,188 shares during the period. Finally, NewEdge Advisors LLC lifted its holdings in iShares MSCI EAFE Growth ETF by 391.7% during the first quarter. NewEdge Advisors LLC now owns 662,281 shares of the company’s stock valued at $73,758,000 after purchasing an additional 527,578 shares in the last quarter.

iShares MSCI EAFE Growth ETF Price Performance

Shares of BATS EFG opened at $124.55 on Tuesday. The company’s 50-day simple moving average is $123.34 and its 200-day simple moving average is $120.53. iShares MSCI EAFE Growth ETF has a 52-week low of $107.17 and a 52-week high of $127.44. The firm has a market cap of $14.65 billion, a price-to-earnings ratio of 24.98 and a beta of 0.96.

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. The Fund invests in sectors, such as consumer staples, industrials, consumer discretionary, materials, healthcare, financials, information technology, energy, telecommunication services and utilities.