iShares MSCI EAFE Growth ETF $EFG Shares Newly Acquired by Brookstone Capital Management

Brookstone Capital Management purchased a new stake in shares of iShares MSCI EAFE Growth ETF (BATS:EFG) in the third quarter, Holdings Channel.com reports. The fund purchased 71,326 shares of the company’s stock, valued at approximately $8,547,000.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in EFG. Envestnet Asset Management Inc. lifted 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 buying an additional 1,210,805 shares during the period. Bank of America Corp DE boosted its holdings in iShares MSCI EAFE Growth ETF by 35.0% during the first 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. Cetera Investment Advisers lifted its stake 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. Envestnet Portfolio Solutions Inc. boosted its position in iShares MSCI EAFE Growth ETF by 2.8% during the second quarter. Envestnet Portfolio Solutions Inc. now owns 1,892,107 shares of the company’s stock worth $235,416,000 after purchasing an additional 52,153 shares during the period. Finally, Bank of New York Mellon Corp raised its holdings in iShares MSCI EAFE Growth ETF by 166.6% in the 1st quarter. Bank of New York Mellon Corp now owns 1,472,363 shares of the company’s stock valued at $163,977,000 after acquiring an additional 920,188 shares during the period.

iShares MSCI EAFE Growth ETF Trading Down 0.6%

Shares of EFG opened at $117.75 on Friday. The stock has a market capitalization of $13.85 billion, a PE ratio of 24.98 and a beta of 0.96. iShares MSCI EAFE Growth ETF has a 12 month low of $107.17 and a 12 month high of $127.44. The firm’s 50 day moving average is $121.68 and its 200-day moving average is $121.60.

iShares MSCI EAFE Growth ETF shares are set to split on Thursday, November 5th. The 3-1 split was recently announced. The newly issued shares will be payable to shareholders after the closing bell on Wednesday, November 4th.

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.