Merit Financial Group LLC Has $44.87 Million Stock Holdings in iShares MSCI EAFE Growth ETF (BATS:EFG)

Merit Financial Group LLC grew its holdings in iShares MSCI EAFE Growth ETF (BATS:EFG) by 72.8% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 448,737 shares of the company’s stock after purchasing an additional 189,039 shares during the quarter. Merit Financial Group LLC’s holdings in iShares MSCI EAFE Growth ETF were worth $44,874,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Tower Research Capital LLC TRC acquired a new position in shares of iShares MSCI EAFE Growth ETF in the 4th quarter valued at about $26,000. Smartleaf Asset Management LLC acquired a new position in iShares MSCI EAFE Growth ETF during the 4th quarter worth approximately $28,000. Bellwether Advisors LLC acquired a new position in iShares MSCI EAFE Growth ETF during the 4th quarter worth approximately $33,000. GAMMA Investing LLC raised its stake in iShares MSCI EAFE Growth ETF by 9,900.0% during the 1st quarter. GAMMA Investing LLC now owns 400 shares of the company’s stock worth $40,000 after buying an additional 396 shares during the period. Finally, Brown Brothers Harriman & Co. acquired a new position in iShares MSCI EAFE Growth ETF during the 4th quarter worth approximately $40,000.

iShares MSCI EAFE Growth ETF Stock Performance

EFG stock opened at $110.96 on Tuesday. The stock’s 50 day simple moving average is $102.86 and its 200 day simple moving average is $101.72. iShares MSCI EAFE Growth ETF has a fifty-two week low of $88.66 and a fifty-two week high of $111.03. The company has a market cap of $13.23 billion, a P/E ratio of 26.23 and a beta of 0.96.

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.