57,398 Shares in iShares MSCI EAFE Growth ETF $EFG Bought by White Pine Investment CO

White Pine Investment CO bought a new position in shares of iShares MSCI EAFE Growth ETF (BATS:EFG) during the third quarter, HoldingsChannel.com reports. The institutional investor bought 57,398 shares of the company’s stock, valued at approximately $6,878,000.

Several other hedge funds have also added to or reduced their stakes in EFG. Envestnet Asset Management Inc. boosted its stake in iShares MSCI EAFE Growth ETF by 5.4% in the 2nd 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. Bank of America Corp DE grew 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 valued at $524,390,000 after buying an additional 1,221,082 shares in the last quarter. Cetera Investment Advisers increased its position in 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 worth $245,928,000 after buying an additional 1,227,595 shares during the period. Envestnet Portfolio Solutions Inc. increased its position in iShares MSCI EAFE Growth ETF by 2.8% during the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 1,892,107 shares of the company’s stock worth $235,416,000 after buying an additional 52,153 shares during the period. Finally, Bank of New York Mellon Corp increased its position in iShares MSCI EAFE Growth ETF by 166.6% during the 1st quarter. Bank of New York Mellon Corp now owns 1,472,363 shares of the company’s stock worth $163,977,000 after buying an additional 920,188 shares during the period.

iShares MSCI EAFE Growth ETF Stock Performance

EFG opened at $119.48 on Friday. iShares MSCI EAFE Growth ETF has a fifty-two week low of $107.17 and a fifty-two week high of $127.44. The company has a market capitalization of $14.05 billion, a P/E ratio of 24.98 and a beta of 0.96. The stock has a fifty day moving average of $122.61 and a 200-day moving average of $121.37.

iShares MSCI EAFE Growth ETF shares are scheduled to split on the morning of Thursday, November 5th. The 3-1 split was recently announced. The newly issued shares will be distributed to shareholders after the market closes 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.