iShares MSCI EAFE Growth ETF (BATS:EFG) Stock Short Interest Falls 70.9%

iShares MSCI EAFE Growth ETF (BATS:EFG) was the recipient of a large decrease in short interest in the month of September. As of September 15th, there was short interest totaling 126,732 shares, a decrease of 70.9% from the August 31st total of 435,372 shares. Currently, 0.1% of the shares of the company are short sold. Based on an average daily volume of 709,504 shares, the days-to-cover ratio is currently 0.2 days.

iShares MSCI EAFE Growth ETF Stock Up 1.0%

BATS:EFG opened at $120.98 on Friday. The company has a market capitalization of $14.23 billion, a PE ratio of 24.98 and a beta of 0.96. iShares MSCI EAFE Growth ETF has a 52-week low of $107.17 and a 52-week high of $127.44. The stock’s 50 day moving average price is $122.94 and its 200 day moving average price is $120.57.

Hedge Funds Weigh In On iShares MSCI EAFE Growth ETF

A number of hedge funds have recently modified their holdings of EFG. Cetera Investment Advisers raised its position in iShares MSCI EAFE Growth ETF by 125.2% in the 1st quarter. Cetera Investment Advisers now owns 2,208,206 shares of the company’s stock valued at $245,928,000 after purchasing an additional 1,227,595 shares during the last quarter. Bank of America Corp DE grew its position in iShares MSCI EAFE Growth ETF by 35.0% during the 1st quarter. Bank of America Corp DE now owns 4,708,538 shares of the company’s stock worth $524,390,000 after purchasing an additional 1,221,082 shares during the last quarter. Envestnet Asset Management Inc. increased its stake in iShares MSCI EAFE Growth ETF by 5.4% in the second quarter. Envestnet Asset Management Inc. now owns 23,610,616 shares of the company’s stock valued at $2,937,631,000 after purchasing an additional 1,210,805 shares during the period. Janney Montgomery Scott LLC increased its stake in iShares MSCI EAFE Growth ETF by 690.4% in the first quarter. Janney Montgomery Scott LLC now owns 1,140,998 shares of the company’s stock valued at $127,073,000 after purchasing an additional 996,633 shares during the period. Finally, Bank of New York Mellon Corp raised its holdings in shares of iShares MSCI EAFE Growth ETF by 166.6% in the first quarter. Bank of New York Mellon Corp now owns 1,472,363 shares of the company’s stock valued at $163,977,000 after buying an additional 920,188 shares during the last quarter.

iShares MSCI EAFE Growth ETF Company Profile

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.